Port of Tacoma reveals strategic plan for 2012, goals for next decade

The Port of Tacoma this week announced its 2012 strategic plan, which the completion of State Route 167 to benefit both freight and commuters; enhancing connections to Interstate 5; moving toward zero-emissions technologies at cargo terminals; and expanding rail capacity.

The port’s plan also includes 10 targets it wants to achieve within the next 10 years;
• Double container volumes to 3 million TEUs;
• Double dry bulk volumes to 12 million metric tons;
• Increase breakbulk volumes by 30 percent to 200,000 short tons;
• Increase auto imports by 20 percent to 200,000 units;
• Improve operating margin by 30 percent;
• Increase net income by 50 percent;
• Increase return on assets by 35 percent;
• Clean up an additional 200 acres of port-owned contaminated property to industrial standards;
• Reduce diesel pollutants from cargo operations by 85 percent from 2005 baseline; and
• Increase port-related direct jobs by 4,700 and indirect jobs by 2,000.