July 13, 2007: The Fraser River Port Authority's Vice President of Business Development, Ed Kargl, has announced he will retire at the end of September 2007, after 16 years with the Port Authority.

Mr. Kargl has worked hard for the Fraser River Port Authority and played a pivotal role in helping to position the port as a significant player in Canada's intermodal logistics chain. Throughout his career he has provided the Port Authority with a clear focus on the opportunities for growth in the automobile, container, and break-bulk business sectors.

"His tireless efforts have helped us to grow into one of the highest tonnage ports in the country and one of the largest automobile ports in North America," said Captain Allen Domaas, President and CEO of the Fraser River Port Authority. "Working in concert with our terminals, he has created global recognition for our port and a reputation for excellence in customer service."

Mr. Kargl has been a much-valued colleague, mentor, and friend during his tenure at the Fraser River Port Authority. The Board and staff of the Port Authority thank him for his many selfless years of service, and wish him well as he approaches retirement.

Fraser River Port is Canada's largest river port and Canada's largest automobile port, encompassing 270 kilometres of shoreline along the first 60 kilometres of the Fraser River. It generates 16,100 direct local jobs and contributes $1.3 billion to Canada's Gross Domestic Product. The Fraser River Port Authority - which manages the Port - is a not-for-profit agency fully funded by port users. It facilitates marine trade and port-related activities on the main arm of the Fraser River, including annual channel maintenance dredging to keep this vital trade link open for ships and help prevent flooding.