Thursday,  December 12 , 2024

Linkedin Pinterest
News / Business / Business Briefs

Port reports record $38.2 million operating revenue in 2015

By The Columbian
Published: March 10, 2016, 4:41pm

The Port of Vancouver brought in $38.2 million in operating revenue in 2015 and handled nearly 7 million tons of import and export cargo, setting new records.

Exports, driven by corn and soybeans, were up 3.8 percent, while imports rose 12 percent last year thanks to steel and project cargo. The port’s operating expenses also went up 11.3 percent last year to $30 million.

“Our docks are busy, our industrial facilities are full, and we’re making great strides on critical projects like Centennial Industrial Park and the waterfront redevelopment,” port CEO Todd Coleman said in a press release.

The 104-year-old port broke its revenue record set last year at $37.5 million.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...