JUNE 15, 2015

BUDGET/FINANCES 

Falling cargo activity drags down port incomePort of Longview’s net income plunged 34 percent in the first quarter compared to the same time last year, pulled down by falling log and grain exports.

 

ECONOMIC DEVELOPMENT 

Port eyes building to lease to tech firmAn Alder Street building known as a former destination for beauty services may be the latest Port of Walla Walla property acquisition as the economic development agency makes a play for an expanding tech firm.

 

ELECTIONS/GOVERNANCE 

Judge hears arguments on petition to recall WolfePort of Vancouver commissioner target of resident’s bid for removal from position. 

Port of Olympia commission chooses Michelle Morris for open seatMichelle Morris was appointed to the Port of Olympia commission on Wednesday, with the commission deciding to maintain the diversity of the board by appointing a woman.

 

MARINE TERMINALS 

Competitive issues remain despite ports’ aligned interestsThe Northwest Seaport Alliance isn’t a completely done deal, but scuttling it with all the official momentum behind it would be akin to attempting to turn a fully loaded container ship with a canoe.

 

MISC 

Seattle Wades Into Fight Over Oil DrillingCity Council members join activists in latest example of local action against Big Oil.

 

RAIL 

Faster, more frequent intermodal services could allow BNSF to retake shareBNSF Railway is aiming to regain domestic intermodal volume lost to Union Pacific Railroad by introducing more and faster expedited services connecting Chicago and St. Paul, Minnesota, to the Pacific Northwest.

 

TRADE 

Record Prince Rupert volume shows staying power of US diversions The Port of Prince Rupert hit a monthly record for volume with container volume increasing 45.6 percent over May 2014. This development indicates that cargo interests who diverted shipments from U.S. West Coast ports last year due to congestion and labor problems have remained loyal to the Canadian port, at least for now.

 

TRANSPORTATION 

Weyerhaeuser announces support for SR-432 projectWeyerhaeuser Co. on Thursday announced that it now supports the Oregon Way/Industrial Way rail corridor improvement project, after having shied away from supporting it for years.

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