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Grand Opening of $750M CANXPORT Logistics Hub a Triumph for Canadian Trade

The $750 million facility adds up to 400,000 TEUs of annual transloading capacity and could expand to 750,000 TEUs.

  • On Friday, Aug. 28, 2026, the Prince Rupert Port Authority, Ray-Mont Logistics, and Canadian National Railway opened CANXPORT, a $750 million export logistics facility at the Port of Prince Rupert.
  • Supported by a $150 million Canada Infrastructure Bank loan and an Indigenous joint venture, the project marks the first of a planned $3-billion expansion to boost Canada's export capacity.
  • CANXPORT introduces rail-to-container transloading capacity for up to 400,000 TEUs annually, allowing exporters to utilize empty containers returning to Asia for petrochemical, forestry, and agricultural shipments.
  • Prince Rupert Port Authority President and CEO Kurt Slocombe noted the facility helps exporters reach new global markets, strengthening Canada's international competitiveness.
  • Slocombe cited long regulatory timelines as a barrier to future port development and emphasized that stable, long-term collective agreements are critical for attracting investment.
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Prince Rupert Port launches $750M export hub

CANXPORT officially opened in Prince Rupert on Friday, Aug. 28, marking the first major project to come online in a planned $3-billion expansion of the city’s port gateway. The $750-million logistics facility is intended to send more Canadian products to global markets, adding a major export component to the Port of Prince Rupert’s established role as an import gateway from Asia. “The opening represents more than the completion of another termin…

·Terrace, Canada
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Les Affaires broke the news in Montreal, Canada on Thursday, August 27, 2026.
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