A memorandum of understanding, which also includes inland port operator CentrePort, could see the three companies combine forces to move goods by rail between CentrePort’s planned multimodal transshipment hub in Winnipeg and Arctic Gateway’s seaport on Hudson Bay. (The Logic)
Talking point: DP World is a major global port operator that already runs terminals in British Columbia and New Brunswick. Transport Minister Steven MacKinnon praised the partnership for its potential to integrate the relatively remote Churchill port into the broader North American freight network. Prime Minister Mark Carney has championed a massive Port of Churchill expansion, officially designating it a national “transformative strategy” and pitching it to foreign investors with a US$57-billion cost estimate.
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