NOVEMBER 21, 2014

BUDGET/FINANCES 

Port of Skagit OKs budget with 2 cent property tax hike Port of Skagit commissioners approved a 2015 budget and a property tax increase at a special meeting Tuesday afternoon. 

State economic forecasters predict budget shortfall – Washington state lawmakers are facing a projected budget gap of more than $2 billion for the next two-year budget ending in mid-2017.

 

RAIL 

Freight access project near final stages at Washington state port; intermodal project near environmental review phase at California portsThe final elements of the decade-long, $275 million West Vancouver Freight Access Project (WVFA) are set to enter the construction phase at the Port of Vancouver USA. 

BNSF plans record capital expenditure for 2015BNSF Railway plans to spend a record $6 billion on capital projects next year and will invest $500 million more this year than it originally planned, it said today.

 

 

UNIONS 

Container traffic remains backed up at the Port of Tacoma as labor stalemate continues The pace of work at the Port of Tacoma continued below normal Wednesday as Longshore workers and their employers struggled to reach a contract agreement.

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