The agreement ensures best practices are followed to improve productivity with the aim of increasing market share.
This agreement follows similar CN supply chain collaboration agreements with ports on both the west and east coasts of Canada, including the CN - Prince Rupert Port - Maher Terminals agreement signed earlier this month.
The CN-DP World Service-Level Agreement will ensure that best practice technology is used where appropriate to achieve the common goals of the parties through commercial means that avoid unnecessary regulation or government intervention.
CN and DP World will work closely on all matters related to security, in coordination with the relevant government agencies, with the goal of branding Centerm Terminal in Vancouver as a secure point of entry to North America.
To achieve the goals and take advantage of solid growth opportunities in Asia/North America trade, the parties agree to establish working subcommittees with senior, fully engaged personnel to coordinate operational issues, communications between the parties and other stakeholders, as well as commercial and business matters.