North America (Change)

The Port of Montreal had a sixth consecutive record year in 2019. Total volume of goods reached 40.6 million tonnes, up 4.3 percent from 2018. President and CEO Sylvie Vachon, accompanied by the chair of the Board of Directors, presented the operating results for 2019 during a virtual annual meeting on June 15, 2020. The container sector also set a new record with 15.1 million tonnes of containerized cargo and 1.75 million twenty-foot equivalent units (TEUs). Market diversification continued: 27 percent of containerized trade was with Asia (an eight percent increase), five percent with South America and four percent with Africa and Oceania. At 57 percent, Europe remained the main market. At the same time, trade with the U.S. Midwest enjoyed an 11 percent upswing.

Port of Montreal hits records again in 2019, June 16, 2020, www.isidelogistics.ca