The federal government is investing $17.5 million into a rail terminal expansion in north Richmond, intended to help improve supply chain efficiency and provide access to new markets overseas.
The “rail footprint” of the Ray-Mont Logistics terminal, located at 15900 River Road near No. 7 Road, will be increased to accommodate unit trains, while the terminal’s specialty grain and container handling equipment will be upgraded, according to a spokesperson for Transport Canada.
The expansion will increase terminal capacity by about 160 per cent, or 1.7 million tonnes per year.
“Our government is investing in Canada’s economy by making improvements to our trade and transportation corridors,” said Transport Minister Marc Garneau in a statement announcing the investment June 30.
The facility receives and unloads grain from a variety of Canadian agricultural producers, according to Transport Canada. Once unloaded, those products are loaded into shipping containers, before heading to port terminals for overseas export.
By expanding the facility to accommodate unit trains – a train where all cars carry the same commodity bound for the same destination – supply chain efficiency will be improved and congestion reduced.