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.