Strong Intermodal Activity Leads Port of Tacoma’s 2010 Cargo Results
Containers start to show signs of recovery, logs and autos are also up
Strong intermodal activity led the Port of Tacoma’s cargo results in 2010, with intermodal lifts up 19 percent from 2009 levels. The increase was across all aspects of the Port’s intermodal rail business--international imports, and exports, short-haul rail (up to 400 miles), and the Port’s domestic intermodal rail business. The Port is served by both the BNSF Railway and Union Pacific Railroad.
The Port finished the year 2010 with a container total of 1.46 million TEUs, down 6 percent from its 2009 volumes. But a number of developments during last year, including “K” Line’s introduction of larger ships in its Tacoma service, and Evergreen’s resumption of their UAM service, were among the factors that helped the Port’s second half TEU performance outpace its first half by seven percent. The Port expects its 2011 container volumes to increase over its 2010 volumes by 4 percent.
The Port’s domestic container volumes, which include Alaska and Hawaii, saw a 2 percent increase in 2010. The Port is served by both Horizon Lines and Totem Ocean Trailer Express.
Other cargo results reflecting the Port’s cargo growth and diversity in 2010 include:
· Autos—120,996 units, up 3 percent. The Port handles Isuzu, Kia, Mazda, Mitsubishi, and Suzuki vehicles.
· Log exports—a total of 403,225 tons of logs were exported from the Port in 2010. This cargo type returned to the Port for the first time in years, largely due to growing market demands in China.
Check here for additional Port of Tacoma 2010 cargo totals.