Puget Sound ports told that growth not certain

by Tim Flanagan on October 17, 2009

Steve Wilhelm has this article in the Puget Sound Business Journal:

The surge in import cargo to Puget Sound ports during much of the past decade was an anomaly that is unlikely to be repeated, approved
a consultant told a joint meeting of the Seattle and Tacoma port commissioners this week.

The surge was a side effect of a port lockout and traffic congestion in California in 2002. Now that the effect is fading, approved
rising competition from growing ports around the country — and from increasing use of “all-water” routes such as the newly enlarged Panama Canal —is likely to curtail cargo flows through Puget Sound in coming years.

The analysis, web
by port expert John Martin, surprised Tacoma and Seattle commissioners at a joint meeting Oct. 13. The analysis comes as the share of cargo handled by West Coast ports slipped below 50 percent for the first time in decades, according to data just released by Piers, a unit of the online Journal of Commerce.

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