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Port of Tacoma business volumes through May a mixed bag of results

Post by John Gillie / The News Tribune on June 19, 2012 at 1:29 pm with No Comments »
June 19, 2012 1:29 pm

The Port of Tacoma’s business volumes through May, released today, are a mix of disparate results.

Some lines of business such as break bulk items showed huge increases, while others such as logs, showed major declines. Meanwhile, other categories such as containerized cargo, autos and grain are not far from last year’s levels.

The port’s most important business, its containerized cargo trade, was down 0.6 percent for the year through the end of last month. Foreign container trade was up 1.7 percent during that period while domestic container numbers were down 5.4 percent.

Log exports, hit by a decline in the Chinese market, were off 48.2 percent for the year, while break bulk cargoes, cargo too large or awkward to fit inside a container, was up 93 percent, port statistics show.

The grain export business was off 4.5 percent while auto imports and exports jumped by 12.2 percent. Gypsum movements were up 59.3 percent.

The port’s container numbers are likely to remain steady through June, with a big boost in July when the Grand Alliance container shipping consortium moves its Puget Sound operations to the Port of Tacoma from Seattle.

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