Time is money Significant Time Advantage Through Halifax
Halifax Gate advantage Halifax provides a strategic time advantage when moving goods through various major ports worldwide. Offering efficiency and volume by sea, air, and road, Halifax offers immense time advantages in the transit of goods to and from North America making it an ideal transload hub for imports and exports destined to and from Central Canada, the US Midwest, Europe, and Asia. For imports destined for Toronto from Antwerp, transit via Halifax offers a time advantage of 0.9 days (6%) over Montreal, and an advantage of 4.8 days (33%) over New York/New Jersey. A similar advantage exists for goods destined to Chicago from Antwerp, as transit via Halifax is 12% quicker than Montreal, and 26% quicker than New York/New Jersey. This substantial boost in efficiency for imports destined to Central Canada and the Midwest via Halifax is consistent across virtually all European ports of origin, and many Asian and Central American ports as well. Halifax also offers an advantage on North American exports destined to the majority of major global ports, especially European port destinations. For exports destined for Hamburg from Toronto, Halifax saves 8.7 days (67%) from Montreal, and 13 days (100%) compared with New York/New Jersey. For exports to Liverpool, England, goods from Halifax will arrive in 9 days, which is 170% faster than Montreal, and 144% faster than New York/New Jersey.
With transportation costs rising at a drastic rate globally, time is money in the current landscape of global supply chain logistics. Halifax offers a geopolitically stable market minimizing business disruptions and risks for users and investors. Halifax’s position as the first inbound, last outbound port of North America creates a strategic time advantage for the transportation of goods in and out of the continent via Halifax. Although the challenges caused by the COVID-19 pandemic have began to soften to ports globally, Halifax’s significant time advantage over other ports has further widened in 2023. The table below demonstrates the difference in time of imports and exports destined to and from Toronto transferring through Halifax with various Global destinations/ports of origin.
ANTWERP to TORONTO SOUTHHAMPTON to TORONTO SINGAPORE to TORONTO
Imports to North America
HALIFAX MONTREAL NEW YORK HALIFAX MONTREAL NEW YORK HALIFAX MONTREAL NEW YORK
14.4 days
15.3 days
32 days
Total Transit Time (days)
15.3 days
19.2 days
23.5 days
19.8 days
N/A
34.5 days
Variance from Halifax (Days)
-
0.9 days
+4.8 days
-
+8.2 days
+4.5 days
-
N/A
+2.5 days
Variance from Halifax (%)
-
+6%
+33%
+54%
+29%
-
-
+8%
The deepest natural harbour in North America
144% Quicker Transport of exports destined to Liverpool than New York.
TORONTO to ANTWERP TORONTO to SOUTHHAMPTON TORONTO to SINGAPORE
Exports from North America
HALIFAX MONTREAL NEW YORK HALIFAX MONTREAL NEW YORK HALIFAX MONTREAL NEW YORK
15.7
10.7
31.5 days
Total Transit Time (days)
15.4 days
23.2 days
15.8 days
23.5 days
N/A
37.5 days
Variance from Halifax (Days)
-
+0.30 days
+7.5 days
-
+5.1 days
+12.8 days
-
N/A
+6 days
Variance from Halifax (%)
-
-2%
48%
48%
120%
-
-
19%
40% - 70% Transportation costs share of a company’s logistics spend (CBRE’s Supply Chain Advisory).
20% - 50% Average time advantage to market for imports from European ports through Halifax.
*These transit times show inland transit by rail (not trucking)
Halifax Gate | pg. 9
Halifax Gate | pg. 8
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