GCT Statement on Vancouver Truckers Dispute

Stephen Edwards, President & CEO of GCT Global Container Terminals Inc., issued a statement on Port Metro Vancouver’s trucking dispute.

“Due to the backlog of import cargo in containers held on our terminals caused by the trucking dispute, our Canadian subsidiary TSI Terminals Systems Inc. (TSI) has reluctantly issued force majeure (“inability to serve”) to our shipping line customers. This is applicable only to import cargo in containers destined for local delivery. Import cargo to rail and all export cargo are not affected and continue to be served by the company,” Edwards said.

“Should the trucker dispute be resolved by the parties before next week, TSI will immediately review the need to apply force majeure on our customers.”

“TSI welcomes the 14-point plan issued by Federal Transport Minister Lisa Raitt and Province of British Columbia Transportation and Infrastructure Minister Todd Stone last night and are hopeful for a return to full truck service at the port.”