DP World Vancouver Expansion Boosts Trade Capacity and Waterfront Workforce

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire DP World Vancouver Expansion Boosts Trade Capacity and Waterfront WorkforceAuthor of the article:Independent KPMG report finds Centerm expansion increased terminal capacity by 65%, while waterfront payroll hours grew by 59%THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountVANCOUVER, British Columbia, Oct. 01, 2026 (GLOBE NEWSWIRE) — A new report prepared by KPMG for the British Columbia Maritime Employers Association (BCMEA) highlights DP World’s terminal at the Port of Vancouver as a case study in how investment in people, infrastructure and technology can expand Canada’s trade capacity while supporting a growing and evolving waterfront workforce.This advertisement has not loaded yet, but your article continues below.Technology, Training & Job Growth at Canada’s West Coast Ports: 2009 to 2025 examines 16 years of modernization at B.C. ports. The report finds that growth in cargo volume and port capacity has occurred alongside significant growth in the waterfront workforce, payroll hours and investment in training and skills.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againDP World’s decade-long, $600 million Centerm Expansion Project combined investment in infrastructure, technology and process improvements, including a 75-metre berth extension, expanded on-terminal rail, automated truck gates, upgraded planning systems and remote semi-automated equipment.The results demonstrate that capacity-oriented modernization and growth in waterfront work can occur together when investment in infrastructure and technology is paired with investment in people and skills.Key findings highlighted in the report:65% more terminal capacity at Centerm, rising from 900,000 TEUs to 1.5 million TEUs, while the terminal’s footprint expanded by only 15%.59% more waterfront payroll hours at Centerm, up from 835,000 in 2019 to 1.328 million in 2025.75% increase in foreperson headcount following the expansion.71% growth in the West Coast port workforce, from 5,100 to 8,700 workers between 2009 to 2025.C$377 million invested in training and upskilling B.C. waterfront workforce since 2010.This advertisement has not loaded yet, but your article continues below.Doug Smith, CEO of DP World in Canada, said: “DP World’s terminal expansion at Vancouver demonstrates that modernization and workforce growth can go hand in hand. By investing in our people, infrastructure and technology, we have increased Canada’s trade capacity while supporting growth in waterfront work and building the skills needed for the future. As Canada works to diversify its trade, modern and reliable ports will be critical to connecting Canadian businesses with global markets.”Mike Leonard, President and CEO, BC Maritime Employers Association, said: “Over the past 16 years, Canada’s West Coast ports have increased cargo volumes and workers by over 70%. It is a remarkable story of growth. Modernization on B.C.’s waterfront allows us to move more Canadian cargo, investing in the people who move it, and keeps Canada’s largest trade gateway competitive. When it is done in collaboration with the workforce, capacity-oriented modernization initiatives can improve safety and reliability while supporting sustained workforce growth and skill development.”This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.The report examines how work has evolved alongside modernization at the terminal. Investments in rail capacity, gate technology, equipment and digital planning have been accompanied by continued investment in workforce skills and training.Modernization has also created opportunities to change how some tasks are performed. Remote operations, improved equipment and technology-enabled safety systems can reduce workers’ exposure to moving equipment, working at height and other hazards. These investments form part of a broader focus on ensuring that growth in port capacity is accompanied by investment in safety, skills, and workforce development.The report concludes that capacity-oriented modernization can enable higher throughput, increased operating hours, workforce upskilling and sustained demand for skilled labour.Read the full KPMG report: Technology, Training & Job Growth at Canada’s West Coast Ports, 2009 to 2025 at https://www.bcmaritime.com/impact/technology-and-the-waterfront/For more insights into how DP World is reshaping global trade, visit our website: www.dpworld.comThis advertisement has not loaded yet, but your article continues below.For media enquiries, please contact:Melina Vissat, Head of CommunicationsM: (+1) 704-605-6159E: melina.vissat@dpworld.comDP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer’s door.In the Americas, DP World operates with a team of over 16,000 people across 12 countries, driving excellence through a robust network of 14 ports and terminals and more than 40 warehouses. By harnessing our global reach and local expertise, we simplify logistics, enhance operational performance, and redefine the boundaries of what’s possible in global trade.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.