April 2024 Local and Industry Updates

Trakking extending beyond Canada

Trakking has been invited to participate next month in Asia Tech x Singapore (ATxSG), Asia's flagship tech event, alongside 14 other tech companies that will make up the BC Pavilion. Last year’s event reached an audience of over 25,000 with expert-led discussions and presentations and provided a lively forum for education and the exchange of ideas around transformative technologies.

ATxSG provides an opportunity for Trakking to promote its technology to potential global partners, which in turn will expand and strengthen our product offerings for the benefit of trucking companies here at home, in Canada.

Our products and our partnership expansion both stand atop our ongoing research into the real-world experiences, procedural challenges, and present and future needs within the Canadian trucking community. Trakking is a tech company committed to innovating from the ground up, ensuring that our products bring measurable benefits to the daily labour that maintains operations across the supply chain.

Evergreen Pilot Program Update

Since the launch of our pilot program with Evergreen, Trakking has been successful in launching the Empty Release module at all depots and terminals in Vancouver. We are happy to report that, consistent with Trakking’s overall performance since our platform went live, the feedback from the trucking companies involved in this new pilot has been extremely positive.

The goal of this module is to eliminate dead runs for trucking companies, which cost time and money and add unnecessary gas emissions to the environment. Shipping lines that have used Trakking to this point have been able to reduce dead runs from 8-9% to less than 1%.

If you are a trucking company interested in participating in this pilot program or in joining our platform, please contact us at info@trakking.com.

Local Updates

• - Dry equipment in all size types is in shortage
• - Port terminals are gradually cleaning up the import rail on-dock while CN/CP rail are working progressively to return the empty containers to
• Vancouver for local export shipments.

Industry News

Teamsters Canada calls for strike authorization vote by CN and CPKC train crews

With labour and management still far apart in contract negotiations, a strike vote has been authorized by the Leaders of the Teamsters Canada Rail Conference, which represents Canadian National and Canadian Pacific Kansas City engineers and conductors. The vote will be held from April 8-May 1 with the possibility of a strike or walkout beginning May 22 at the earliest. The major issue on the table is a proposal made by CN and CPKC to replace the current mileage-based pay system with an hourly wage.

Port of Vancouver sees record volume despite strike and cooling economy

Despite a big drop in container shipments globally and overstocked retail inventories, a record cargo volume came through the Port of Vancouver in 2023, posting a 6% increase over 2022. Grain, petroleum, and auto imports were major contributors to the rise in volume. “While there was a softening of container volumes moving through the Port of Vancouver in 2023, Canada’s container sector remains on a long-term growth trajectory and we saw encouraging signs of recovery in Q4 as year-over-year volumes started to grow,” CEO Peter Xotta said.