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PORT OF TACOMA ZOOMS

   Stephen H. Dunphy, in the Seattle Times - The newsletter - reports: Container volumes at the Port of Tacoma are up 28 percent through May compared with the same period in 2003 - more than double the average growth at other West Coast ports. The Port of Seattle earlier reported a 16 percent increase in container traffic through April this year.

   Puget Sound may be benefiting from last October's port closures. Shippers and steamship lines are further diversifying their ports of entry after coping with congestion after the ports reopened, said Doug Lungren, the Port of Tacoma’s business-planning manager.

   Tacoma is on pace for a record year with port volume of 1.6 million TEU’s. – or Twenty-foot Equivalent units, the standard industry measure - expected this year, a 9 percent increase over 2002."

   It might be thought Tacoma longshoremen are working at neck break speed to handle that volume of containers But the increased volume at Tacoma is not a result of super productivity. It results from their having vast amounts of space for storage and handling of containers. If Tacoma runs out of container space, their increases will inevitably diminish as may happen in the Port of Seattle. Anyway, it is predicted that Pacific Rim trade will double by 2020. Container space will then be a serious problem for all West Coast ports.

   We should be careful about recent moves by developers to take over the Seattle waterfront for commercial development. Recent efforts were made to cancel Hanjin's lease at Pier 46. The only reason it failed was because Hanjin refused. We should be wary of becoming another San Francisco port which lost its waterfront overseas trade to developers.

 
 

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