Updated: Asian port group to take major stake in B.C. inland terminal

Written on Wednesday, August 1st, 2018

Published originally in Biv.com on July 31, 2018 by Timothy Renshaw

Singapore-based PSA International in deal to acquire 60% of Ashcroft Terminal's business in Western Canada

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PSA Partners with Ashcroft Terminal to Provide Inland Terminal Services in Canada

Written on Tuesday, July 31st, 2018

Published originally on GloblaPSA.com

PSA International Pte Ltd (PSA) has through its wholly-owned subsidiary PSA Canada Holdings Ltd, signed an Investment Agreement with 611216 B.C Ltd (dba Ashcroft Terminal or AT) to acquire 60% of Ashcroft Terminal business in Western Canada.

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Ottawa engineers $9.2M upgrade for Ashcroft Terminal

Written on Friday, May 18th, 2018

Published originally in CFJC Today on May 16, 2018 Written by Jill Sperling

ASHCROFT, B.C. — A $28 million upgrade is in store for the Ashcroft Terminal, and the federal government will cover nearly one third of the cost. 

Federal Minister of Transport Marc Garneau made the announcement in Ashcroft Wednesday, where he emphasized the importance of rail transportation to the economy. 

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Minister Marc Garneau announces $9.2 million NTCF contribution for a critical trade enabling expansion at Ashcroft Terminal for a total project of over $28 million

Written on Wednesday, May 16th, 2018

Published originally in a Government of Canada News Release on May 16, 2018 Written by Transport Canada

The quality of Canada’s transportation infrastructure and the efficiency of the country’s trade corridors are key to the success of Canadian firms in the global marketplace. The Government of Canada supports infrastructure projects that create quality middle-class jobs and boost economic growth.

Today, the Honourable Marc Garneau, Minister of Transport, announced a major investment of $9.2 million for a project at Ashcroft Terminal that will help local businesses compete by moving local goods to market and by making improvements to terminal infrastructure.

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Pinpointing B.C. port infrastructure priorities

Written on Thursday, November 16th, 2017

Published originally in Business Vancouver, November 2017 Written by Timothy Renshaw

Coming soon to a B.C. port near you: more container cargo in bigger ships.

That’s the upbeat script the province’s ports and container terminals are following for their infrastructure expansion plans.

But have they got their investment priorities right?

The biggest roll of the dice on that front is also the biggest source of controversy for the Vancouver Fraser Port Authority (VFPA): the proposed three-berth Terminal 2 expansion at Delta’s Roberts Bank.

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