Saint John Trade Corridor Project supported by J.D. Irving investment

J.D. Irving, Limited, a Canadian multi-industrial company headquartered in Saint John (New Brunswick), is investing $72.5m CAD [Canadian dollar] as part of an infrastructure initiative that will strengthen the Saint John Trade Corridor and help position the Port of Saint John and New Brunswick for continued growth in global trade.

The project which totally amounting to $463m, brings together the federal and provincial governments, Port Saint John, New Brunswick Southern Railway (NBSR), and other partners to improve rail, road and marine infrastructure connecting Saint John to national and international markets.

The initiative is the first project approved under the federal Trade Diversification Corridors Fund and is designed to improve the movement of goods, strengthen supply chains, and expand market access for Canadian exporters.

As part of the overall investment, J.D. Irving, Limited, through New Brunswick Southern Railway, will lead shoreline stabilization work at the Bayshore Rail Terminal and undertake significant rail infrastructure improvements, including the replacement of 103 kilometres of track and associated upgrades that will increase freight capacity and improve reliability across the corridor.

This story was originally published by Shipping Telegraph. Read the full story at Shipping Telegraph →