The Northwest Seaport Alliance (NWSA), a partnership of the ports of Seattle and Tacoma, has moved 958,069 TEUs since the start of the year, translating to a year-on-year 5% increase.
Additionally, NWSA reported 258,688 TEUs in April, achieving an 11.3% growth compared with the same month last year.
Full international exports continued an eight-month growth streak, increasing 15.6% over April 2023, while full international imports increased 13.5%, with total international volumes increasing 12.7%.
Meanwhile, NWSA said the second phase of the Terminal 5 Modernization Project is complete. Construction—financed by a joint investment of over half a billion dollars from the NWSA, SSA Terminals, and Terminal Investment Ltd—began in July 2019. Terminal 5 now has 750,000m² of cargo capacity and can handle ultra-large vessels. The project included two reconfigured berths with six state-of-the-art super-post Panamax cranes to enhance operational efficiency. On-dock rail at Terminal 5 benefits agriculture exporters while also reducing truck traffic. Additional refrigerated plug-ins are coming in the future.
