04
Jun
The Prince Rupert Port Authority has secured a $150 million loan from Canada Infrastructure Bank to fund the first phase of its export logistics hub project, CANXPORT, the port authority announced May 23. The new facility’s site is near Fairview Container Terminal, allowing for more access to capacity to better balance the amount of import and export cargoes and more efficiently containerize bulk commodities such as agricultural, forestry and plastic resin products, the port said. CANXPORT, which is set to begin operations in the third quarter of 2026, is anticipated to handle an initial annual capacity of 400,000 TEUs, according…