With two months left in 2014, cargo through the port of Prince Rupert is below the record year experienced in 2013.
The largest decline this year is being experienced by Ridley Terminals, which moved 6.46 million tonnes through the first 10 months of 2014 compared to 10.52 million tonnes during the same time last year, a drop of 38.57 per cent driven by declines in the movement of all products. In October, the terminal was down nearly 50 per cent compared to last October, moving 557,581 tonnes compared to 1.10 million tonnes last year.
Also experiencing a steep drop this year is the number of logs being moved from the harbour, which is down 11.3 per cent so far this year to sit at 321,745 tonnes compared to 362,733 tonnes last year. Like Ridley Terminals Inc., the harbour had a major drop in tonnage this October compared to last, falling 53.96 per cent from 56,678 tonnes to 26,555 tonnes.
Fairview Terminals saw a slight increase in tonnage this October compared to last, an increase driven by the movement of empty containers. Overall the terminal moved 47,109 TEUs compared to 44,699 TEUs last October, an increase of 5.39 per cent, although the number of loaded containers handled by Fairview was down 10.66 per cent to sit at 33.83 million TEUs. Imports were down 3.73 per cent while exports were up 16.36 per cent, although the number of loaded containers leaving Fairview Terminal was down 21.47 per cent compared to a 90.98 per cent increase in the number of empty containers leaving Prince Rupert. So far this year Fairview Terminal has moved 504,240 TEUs, up 13.15 per cent from 2013, with imports up 16.07 per cent and exports up 9.35 per cent.
Despite a small decline in tonnage last month, Prince Rupert Grain has had the largest year-over-year increase. So far in 2014 the terminal has moved 5.51 million tonnes compared to 4.16 million tonnes during the same time last year, an increase of 31.92 per cent, despite a 4.04 per cent drop in tonnage in October compared to October, 2013.
So far Westview Terminal has moved 410,663 tonnes of wood pellets.
So far this year there has been 17.75 million tonnes moved through the port, a 9.06 per cent drop from the 19.52 million experienced through the first 10 months of last year, with year-over-year numbers for October dropping 23.06 per cent from 2.21 million tonnes to 1.7 million tonnes..