Canada's Busiest Ports Supply North American Commerce
In a global economy, businesses are practically required to import or export to stay viable and competitive.
Companies seeking to incorporate import or export operations must carefully consider a host of factors and weigh numerous options to determine optimal processes. The location of the company or the destined site of the product in proximity to the point of entry looms large.
Companies must also factor in transportation and supply chain solutions available in a given market, the qualities of the goods and products to be imported or exported and the nature of the countries or foreign businesses involved.
And finally, in Canada, companies entering the import/export business and even mature players must stay up to date on ever-evolving trade law, customs requirements and tariffs.
Careful consideration to all of these factors can enable a business, public or private, to offer customers better rates.
Port Metro Vancouver
Port Metro Vancouver is the largest port in Canada, the largest in the Pacific Northwest and the fourth largest in all of North America.
By the sheer volume of activity—$75 billion worth of goods from 130 countries— Port Metro Vancouver bridges the transpacific gap and connects North American business with the burgeoning Asian and Australasian markets.
Port Metro Vancouver offers 28 major marine cargo terminals and three Class 1 railroads. With nearly 95 per cent of the total volume dedicated to serving the Canadian import and export markets, any company would have to seriously consider Port Metro Vancouver.
Port Metro Vancouver handles the import and export needs of the automobile, breakbulk, bulk, container and cruise sectors, which gives the port the distinction as North America’s most diversified.
And just this year, Port Metro Vancouver along with Global Container Terminals officially opened the new $400 million Deltaport container terminal, bringing a 50 per cent increase in terminal capacity.
Port Metro Vancouver and its plethora of distribution tenants stand out as logical solution to any companies import/export needs.
Port of Montreal
Connecting the Northern European and Mediterranean markets with North America, the Port of Montreal is the largest inland port in the world, the largest container port Canada and the second busiest nationwide, behind Vancouver.
Port of Montreal is serviced by seven of the ten largest marine container shipping lines and includes Hapag-Lloyd, MSC, OOCL, Maersk Line, Senator Lines/Hanjin, CMA CGM and APL.
The shipping lines access the major markets in Central Canada, the U.S. Midwest and the U.S. Northeast faster and more directly than any other port along the North American East Coast can.
While the Port of Montreal is known for its container capacities, a high volume of traffic in breakbulk, dry and liquid bulk cargo also passes through via the four container terminals, two multipurpose containers and a grain terminal. The port features an easily accessible railway network for distribution.
Like Port Metro Vancouver, Port of Montreal also recently underwent renovations with a $10 million government investment to expand and renovate the Cast Terminal.
The investments will strengthen Montreal’s economic viability as make Port of Montreal even more desirable raw materials and finished goods point of entry.
The containerized shipping industry grew at an average yearly rate of 5.3 per cent for the past 10 years and all indications are that it will continue to be the preferred choice of import/export operators.
While maritime shipping continues to be the most cost effective and preferred method of importers and exporters, the logistic for specific circumstances ultimately define the solutions.
Air freight, less-than-truckload shipping and rail can prove to be the optimal form of transport depending on individual needs. Whether the goods are perishable, whether the client’s requirements are time sensitive and whether potential disruptions pose a risk are all valid points.
If a company would prefer not to handle importing and exporting duties internally, the Canadian Importers Database (CID) on the Industry Canada website provides the names of companies importing goods into Canada, by product, by city and by country of origin.
Port of Montreal lists carriers with operations at the port on the website. Conversely, no export database exists, but the Cross Border Services Agency does provide trade statistics.
Executives can utilize this search tool to locate potential trading and importing partners.
Importing and exporting can prove to be worthwhile financial endeavors for companies of all sizes. However, the choices are abundant.
Clearly defining an organization’s needs is the vital first step to developing a strategic import/export plan.
Giving efficiency the full throttle at NASCAR
The NASCAR organization has long been synonymous with speed, agility and innovation. And so by extension, partnerships at NASCAR hold a similar reputation. One such partner for the organization has been CDW – a leading multi-brand provider of information technology solutions to businesses, government, education and healthcare customers in the United States, the United Kingdom and Canada. CDW provides a broad array of products and services ranging from hardware and software to integrated IT solutions such as security cloud hybrid infrastructure and digital experience. Customer need is the driving force at CDW, and the company helps clients by delivering integrated services solutions that maximize their technology investment. So how does CDW help their customers achieve their business goals? Troy Okerberg, Field Sales Manager - North Florida at CDW adds “We strive to provide our customers with full stack expertise, helping them design, orchestrate and manage technologies that drive their business outcomes.”
NASCAR acquired International Speedway Corporation (ISC) in 2019, merging its operations into one, new company moving forward. The merger represents an important step forward for NASCAR as the sport creates a unified vision to embrace its long history of exciting, family-oriented racing experiences while developing strategic growth initiatives that will drive the passion of core fans and attract the next generation of race fans. CDW has been instrumental in bringing the two technology environments together to enable collaboration and efficiency as one organization. Starting with a comprehensive analysis of all of NASCAR’s vendors, CDW created a uniform data platform for the data center environment across the NASCAR-ISC organization. The IT partner has also successfully merged the two native infrastructure systems together, while analyzing, consulting and providing an opportunity to merge Microsoft software licenses as well.
2020 turned into a tactical year for both organizations with the onset of the pandemic and CDW has had to react quickly to the changing scenario. Most of the initial change included building efficiencies around logistics, like equipment needing to be delivered into the hands of end users who switched to a virtual working environment almost overnight. CDW’s distribution team worked tirelessly to ensure that all customers could still access the products that they were purchasing and needed for their organizations throughout the COVID timeframe. Okerberg adds that today, CDW continues to optimize their offering by hyper-localizing resources as well as providing need-based support based on the size and complexity of their accounts. Although CDW still operates remotely, the company commits to adapting to the changing needs of their clients, NASCAR in particular. Apart from the challenges that COVID-19 brought to the organization, another task that CDW had been handed was to identify gaps and duplicates in vendor agreements that the two former single-entity organizations had in place and align them based on services offered. CDW further helps identify and provide the best solution from a consolidation standpoint of both hardware and software clients so that the new merged organization is equipped with the best of what the industry has to offer.