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NEWS BULLETIN
Wednesday, July 23, 2014

One millionth container for year
passes through Port of Tacoma

Seattle Port Commission
holds job creation meeting

Landscape photography exhibit
on display at Portland Airport

American Trucking Associations
releases latest truck tonnage index

Mitsui takes delivery
of new coal carrier

One millionth container for year
passes through Port of Tacoma

TACOMA — The Port of Tacoma handled this year’s one millionth container in June, as container volumes improved 22 percent year-over-year. The 210,149 TEUs (20-foot equivalent units) that crossed Tacoma docks in June marked the port’s busiest month since September 2005, when it handled 216,430 TEUs. Volumes continued to reflect the surge in imports as shippers moved inventory before the West Coast labor contract expired June 30. The International Longshore and Warehouse Union, representing U.S. West Coast longshore labor, and the Pacific Maritime Association, representing the shipping lines, continue to work under the previous contract while they negotiate a new one. Tacoma handled 1,011,337 TEUs through the first half of the year, a nine percent increase year to date. Full containerized imports grew 11 percent year to date to 382,264 TEUs, while exports improved seven percent to 279,841 TEUs. Domestic volumes were up four percent to 226,947 TEUs. In other year-to-date cargo news, grain exports continued to rebound from last year’s historic low volumes, up 54 percent to 2,105,029 short tons, breakbulk cargo—items grew 12 percent to 118,921 short tons and auto imports improved 33 percent to 107,223 units.

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American Trucking Associations
releases latest truck tonnage index

ARLINGTON, VA — American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8 percent in June, following a revised 0.9 percent gain the previous month. In June, the index equaled 128.6 (2000=100) versus 129.6 in May. The index is off 1.9 percent from the all-time high in November 2013 (131.0). Compared with June 2013, the SA index increased 2.3 percent, down from May’s 3.3 percent year-over-year gain. This year-over-year increase was the second smallest in 2014, following a one percent gain in January. Year-to-date, compared with the same period last year, tonnage is up 2.8. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 132.3 in June which was 0.5 percent below the previous month (132.9). ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s. This is a preliminary figure and subject to change in the final report issued around the 10th day of the month. The report includes month-to-month and year-over-year results, relevant economic comparisons, and key financial indicators.

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Seattle Port Commission
holds job creation meeting

SEATTLE — The Port of Seattle Commission along with tourism industry experts and business owners met to discuss and examine ideas July 22, aimed at growing jobs and the economy. Several panels of speakers from different tourism sectors sought ways to work collaboratively in bringing new opportunities to Washington state. “Tourism is an essential part of the economic health of our region and state,” said Port of Seattle Commissioner John Creighton. “It’s the state’s fourth largest economic sector, and we need to continue to find ways of expanding opportunities tied to tourism. In 2013 visitors to Washington spent $17.6 billion and generated $1.13 billion in state and local tax revenues. We can increase that.” Speakers covered topics from investing in tourism promotion, economic impact of recreational boating, and identifying ideas to improve and expand tourism in Washington state. Panelists came from as far as Walla Walla and Port Townsend to participate, with many looking for more ways to collaborate to attract more visitors.

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Mitsui takes delivery
of new coal carrier

TOKYO — Mitsui O.S.K. Lines, Ltd. (MOL) has announced that the coal carrier SOMA MARU, which will serve Tohoku Electric Power Co., Inc., was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation July 17, 2014. The vessel, which was jointly developed by Sanoyas Shipyard and MOL, is a coal carrier with a wide-beam/shallow-draft shape and various safety and energy-saving specifications. It is a sister vessel to the AKATSUKI, which was delivered in February of this year. The vessel takes over the name of the coal carrier that has served Tohoku Electric Power for 19 years and will transport coal for their thermal power plants under a new long-term consecutive voyage service contract.

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Landscape photography exhibit
on display at Portland Airport

PORTLAND — A new exhibit showcasing landscape photography may be viewed along Portland International Airport’s (PDX) Concourse Connector through July 2015. The exhibit, Boundaries, features artwork from regional artists Paul Bowman and John Kane. Mr. Bowman’s images capture unique landscapes in a pristine, untouched sanctuary; Mr. Kane’s work tells the story of man’s interaction with the natural world. Geometry and balance are foundational elements in Mr. Kane’s compositions as he explores man’s intentions on land. PDX’s art program illustrates the culture of the Northwest and showcases a variety of works through ongoing relationships with regional artists and arts organizations.

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