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in Port
The Port of Tacoma will end this year $17.9 million in the red – the first time the agency’s bottom line has been negative in recent memory.
After 10 years as the executive director of the Foss Waterway Development Authority, Don Meyer is resigning and taking on new challenges. He recently was elected to the Port of Tacoma Commission.
in Port
in Port
In port today
All kidding aside, the Port of Tacoma has a candor problem.
millions to nowhere Earlier this month the Port of Tacoma canceled plans to develop the Blair-Hylebos Peninsula and to build a terminal for NYK Line. It was a complex project that grew more so and eventually crashed as the recession hammered the shipping industry. The Tokyo-based shipping line is still coming to Tacoma, but will use an existing terminal.
Port of Tacoma Executive Director Tim Farrell will leave the agency at the end of the year, the port commission and Farrell announced Monday evening.
Leaders of the Port of Tacoma, including Executive Director Tim Farrell, have blamed the global recession for the failure of the massive NYK terminal project. The story turns out to be far more complicated – and far less flattering for the port.
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