Port of Vancouver USA Tonnage Breaks the 7 Million Mark

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By MarEx 2017-04-06 10:29:35

Grains, wind energy and copper among cargoes on the increase

For the first time in its 105-year history, the Port of Vancouver USA has recorded more than 7 million metric tons of cargo across its docks.

The port recorded 7.49 million metric tons in 2016, nearly eight percent more than the 2015 record of 6.95 million metric tons.

"In nine years at the Port of Vancouver, I've never seen tonnage like this," said port CEO Julianna Marler. "It's a testament to the investments we and our partners have made to provide world-class rail and marine services, access to efficient transportation and excellent customer service."

2016 was great year for exports, which climbed to 6.32 million metric tons from 5.54 million metric tons in 2015 – a 14 percent increase overall. Grain continues to be the largest exports at the Port of Vancouver by volume, and in 2016 these cargoes increased 17.8 percent over 2015.

Some imports, such as wind energy components increased in 2016, but overall imports were down 17 percent in 2016.

Despite impressive gains in overall tonnage, fluctuations in currency and the global economy had an impact on the port in 2016, contributing to a slight decline in operating revenue, which decreased from $38.2 million to $35.9 million.

Leveraging revenue, federal and state grant funds and tax dollars, the port continues to invest in critical infrastructure and assets, including rail, equipment, buildings, dock improvements and skilled staff.

"These are the types of improvements that attract businesses to the port and help create jobs for the residents of Southwest Washington," said Marler. "We continue to find cost-effective ways to invest in your public port, planning for the future and working with our customers and partners to make sure those jobs and economic benefit are here for the long-term."

The Port of Vancouver USA has logged record tonnage for the past three years, and 2017 is shaping up to be another good year. Cargoes like autos, steel, minerals, wind energy components and grain continue to bring in solid numbers, making the future look bright for the port and our community.

The products and services herein described in this press release are not endorsed by The Maritime Executive.

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