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Montreal holds steady

Montreal's container traffic growth was flat last year.
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Canada’a Port of Montreal handled 1,445,665 TEU in 2016, the port’s 50th anniversary for container handling, virtually the same as the 1,446,075 TEU recorded in 2015. 

Total capacity at the port will reach 2.1M TEU when the new Viau international container terminal is completed. “Other major projects were carried out during the year: development of the Boucherville Street truck entrance; ongoing implementation of the electronic navigation system; and the launch of a Web application for truck drivers to improve traffic flow and mobility on Port territory,” the Port Authority said in a statement.

Total tonnage through the port was up 10.4% to 35.4Mt, mostly due to growth in the liquid and grain sectors. On the financial side, the Port Authority’s operating revenues reached C$106.7M, up 4%, while expenses rose 0.9% to C$84.1M. The net earnings of C$23M “will be reinvested in Port infrastructures and projects”.

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