After placing near the bottom in a global port efficiency ranking two years in a row, the Port of Vancouver’s operations VP says port expansions and investments will buck the trend, even as he called into question the accuracy of the ranking system.
Peter Xotta, the Vancouver Fraser Port Authority’s vice president of operations and supply chain, said he was disappointed the port placed second last of 348 container ports in a ranking compiled by World Bank and S&P Global Market Intelligence.
The study used vessel wait-times as an indicator of overall efficiency, with Vancouver ranking third-last in its 2022 report.
“I think the ratings system is challenged to be accurate at a time when
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