Strategic plan 

  

With input from community members, customers, business leaders and employees, the Port developed a strategic plan in 2012 to guide our actions over the next 10 years.

The essence of our strategic plan focuses on four areas that build on our specific strengths to make better connections.

We will know we have succeeded when we hit 10 targets in 10 years, which include specific cargo volume measures, income for reinvestments, environmental commitments and jobs.

The Port also refreshed its brand identity to better reflect our contemporary vision. See who we are in our video.

 

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Contact: Sue Mauermann

Four areas of focus

1. Strategic investments

We will make strategic investments that enhance the Port’s waterway, terminal, road, rail and industrial property infrastructure to create the most efficient, productive and cost-effective system possible to move our customers’ freight to the marketplace.

  • Redevelop and expand the general central peninsula to efficiently handle the world's super ships of tomorrow. Make any necessary adjustments to the width and depth of our waterways to ensure efficient navigation.
  • Expand rail capability for mile-and-a-half-long full-unit trains and a second rail crossing over the Puyallup River.
  • Develop more nearby support services, such as warehousing and transload facilities.

2. New business opportunities

To create opportunity for future investments, we will focus attention on attracting new business opportunities with healthy income streams and increase the diversity of the Port’s business portfolio.

  • Develop a new bulk facility on the Blair Waterway to meet high demand.
  • Work with our customers to expand and enhance existing cargo terminals to grow as the market grows.
  • Help build that market by working to attract more cargo from large retailers.

3. Customer care

We’re serious about our tagline “People. Partnership. Performance.” We will continue to demonstrate great care for our business relationships with customers and key stakeholders.

  • Build upon Customer Care Program to make it “Best in Class.”
  • Develop future cargo capacity in partnership with the Puyallup Tribe of Indians.

4. Community pride

Business development, environmental stewardship and livable communities go hand in hand. We continually hear that our community’s support of the Port and trade-related jobs is a key competitive advantage. We intend to grow the Port responsibly to ensure continued trust in our collective future.

  • Committed to the completion of State Route 167 to benefit commuters as well as freight.
  • Enhance connections to Interstate 5, specifically the Port of Tacoma Road interchange.
  • Move toward zero-emission technologies at our cargo terminals, and continue to clean up contaminated properties and restore critical habitat.

See the full strategic plan.

 

10 targets in 10 years

  1. Double container volumes to 3 million TEUs.
  2. Double dry bulk volumes to 12 million metric tons.
  3. Increase breakbulk volumes by 30 percent to 200,000 short tons.
  4. Increase auto imports by 20 percent to 200,000 units.
  5. Improve our operating margin by 30 percent.
  6. Increase net income by 50 percent.
  7. Increase return on assets by 35 percent.
  8. Clean up an additional 200 acres of Port-owned contaminated property to industrial standards.
  9. Reduce diesel pollutants from cargo operations by 85 percent from 2005 baseline.
  10. Increase Port-related direct jobs by 4,700 and indirect jobs by 2,000.