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The pandemic sent shockwaves through the global supplychain and the backlogs are mounting even as freight volumes fall in North America this year. The delays stem from several choke points along the chain, including backed-up warehouses, staff shortages and rail capacity. Meanwhile cargo vessels sat at anchor for 9.6
It presents an opportunity to strengthen local economies, improve supplychain resilience, and enhance long-term competitiveness. Without modern, efficient infrastructure, the benefits of reshoring could be lost to bottlenecks and inefficiencies. However, the path to successful reshoring is not without its challenges.
21, the Minister of Transport, Omar Alghabra, announced up to $100 million in funding under the National Trade Corridors Fund to increase cargo and logistics handling operations at the Edmonton International Airport. The project will convert approximately 2,000 acres of land into a new global cargo handling operation.
Terminals are in dire need of tech upgrades ranging from crane automation to robots that ferry cargo along the docks, despite union resistance, said Shal Marriott, who authored the Montreal Economic Institute publication. Montreal came in 348th, Vancouver 356th and Prince Rupert, B.C., 399th out of 405 ports on its list.
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