The Port of Montreal outperforms its competitors in the first semester of 2008



    MONTREAL, Aug. 28 /CNW Telbec/ - During the first semester of 2008, the
Port of Montreal reported the highest growth, irrespective of shipping lanes,
in comparison to both the ports of Vancouver and Halifax and to ports on the
U.S. East Coast, according to American Association of Port Authorities (AAPA)
statistics. In fact, the Port of Montreal posted a 7.9% upswing in the first
semester. The Port of Savannah posted the second best performance, at 6.8%,
while four of the Port's seven main competitors posted declines.
    The Port of Montreal also achieved a remarkable performance level in its
main market, the North Atlantic (Northern Europe and the Mediterranean) in the
first quarter of 2008, according to the PIERS Journal of Commerce. In this
market, only the Port of Savannah achieved higher growth than the Port of
Montreal. It should, however, be noted that the number of TEUs (twenty-foot
equivalent unit) handled in Montreal was 2.3 times higher than that of
Savannah in the first quarter.
    "This growth confirms that the Port of Montreal was able to make the most
of the structural advantages it enjoys, namely its location in the very heart
of the continent, its direct link to two international railway companies, and
its geographical position guaranteeing it the shortest routes between Europe
and North America," stated Mr. Patrice M. Pelletier, President and Chief
Executive Officer of the Montreal Port Authority. "It is through a very
pro-active partnership with its commercial and operating partners that this
success has been achieved", added Mr. Pelletier.

    About the Montreal Port Authority
    ---------------------------------

    The Montreal Port Authority (MPA) operates the world's largest inland
port. It is a leader among container ports, handling 26 million tonnes of
cargo annually. In 2007, the Port of Montreal handled a total of 1,363,021 TEU
(twenty-foot equivalent unit) containers. The MPA operates its own rail
network, providing direct access to berths, and is linked to two major
railways and a highway system. It also operates a grain terminal and a marine
passenger terminal. All other terminals are operated by private stevedoring
firms. Through its activities, the Port of Montreal generates 18,200 jobs and
$1.5 billion in economic spin-offs.

    
                              Container Traffic
                     Performance of the Port of Montreal
                      and its main American competitors
                          First six months of 2008,
                             All shipping lanes

    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
                                         2008           2007     Variation
                                    -----------------------------------------
                                      In full and empty TEUs            In %
    -------------------------------------------------------------------------
    Canadian ports

    Halifax                           203,910        243,600        - 16.3%
    Montréal                          725,283        672,265         + 7.9%
    Vancouver                       1,223,389      1,173,115         + 4.3%

    American ports

    Boston                             99,698        101,191         - 1.5%
    Charleston (1)                    704,511        750,385         - 6.1%
    Hampton Road                    1,035,975      1,019,980         + 1.6%
    NY-NJ                           2,493,749      2,569,700         - 3.0%
    Savannah                        1,298,452      1,215,230         + 6.8%
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Note: (1) For the first 5 months only.
    Source: AAPA


                              Container Traffic
                     Performance of the Port of Montreal
                      and its main American competitors
                   First quarter of 2008 - North Atlantic
                   (Northern Europe and the Mediterranean)

    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
                                   TEUs (full)                   Variation
                       ------------------------------------------------------
                          2008           2007           TEUs              %
    -------------------------------------------------------------------------
    New York           314,655        318,784         -4,129         - 1.3%
    Baltimore           37,002         36,292            710         + 2.0%
    Virginia           147,310        147,116            194         + 0.1%
    Charleston         149,559        150,876         -1,317          -0.9%
    Savannah           122,139        100,642         21,497        + 21.4%
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Total              770,665        753,710         16,955         + 2.2%
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Montreal           284,817        257,503         27,314        + 10.6%

    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Source: PIERS Journal of Commerce
    




For further information:

For further information: Jean-Paul Lejeune, Acting Director of
Communications, (514) 283-1489, Fax: (514) 283-0829, lejeunejp@pdminfo.ca;
www.port-montreal.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890