For the fourth year in a row, the Port of Vancouver USA has logged record-breaking cargo tonnage, with 2017 coming in at 7.5mt (million metric tonnes), up slightly from the 2016 record of 7.49mt.
“Our sustained growth is a testament to the investments we and our partners have made in world-class rail and marine services, access to efficient transportation and excellent customer service,” said port CEO Julianna Marler. “I’m very proud of our continued success and the hard work of everyone who makes it happen, year after year.”
The year 2017 was great one for imports, which climbed to 1.24mt from 1.17mt in 2016 — a 6.5% increase overall. Steel and dry-bulk commodities continue to be the largest imports at the Port of Vancouver by volume, and in 2017 these cargoes increased 14.8% and 47%, respectively.
Some exports, such as wheat and soybeans, increased in 2017, but overall exports were down one percent over 2016.
Fluctuations in currency and the global economy had an impact in 2017, but the port’s continued tonnage growth contributed to a slight increase in operating revenue from $35.9 million to $36 million.
Another good year is expected in 2018 for the Port of Vancouver USA. 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 Port of Vancouver USA is one of the major ports on the Pacific Coast, and its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a skilled labour force and an exceptional level of service to its customers and community.