Issue link: https://pma.uberflip.com/i/1495430
PACIFIC NORTHWEST Investments in infrastructure and training are helping the NWSA build capacity and enhance competitiveness for the long-term. While cargo volumes declined in the second half of the year, a bright spot in 2022 was the cruise industry, which staged a significant comeback after pandemic- related declines. Regional Report: Port of Tacoma Welcomes New Rail Hub, Boosting Intermodal Capacity BNSF Railway Company and the Northwest Seaport Alliance partnered to create a new domestic intermodal facility at the Port of Tacoma, helping the port address the increase in intermodal demand throughout the greater Seattle region. The new Tacoma South facility opened in July and allows for the accommodation of more than 50,000 annual container lifts. The facility will enable continued growth of NWSA's domestic intermodal volumes, expanding on the existing intermodal facility in Tukwila, Washington. Port of Tacoma Welcomes Inaugural Hyundai Automobile Shipment In September, the Grand Mercury brought the first shipment of 2,000 Hyundai vehicles to the Port of Tacoma's South Harbor as part of a partnership between the NWSA, Hyundai GLOVIS America, and PMA member company Wallenius Wilhelmsen Logistics. Thousands of Hyundai vehicles will be imported through the facility, signaling a large increase in automobile imports for the NWSA. "This… helps bolster the robust trade relationship we have with South Korea as one of our largest trading partners," said NWSA Commissioner Sam Cho. "This opportunity to increase automobile volumes and breakbulk tonnage helps diversify port operations and ensure future growth in our gateway." Auto volumes at the NWSA increased 5.6% over 2021, largely due to the consolidation of Kia and Hyundai automobiles to the gateway, cites the NWSA. The inaugural shipment of Hyundai automobiles arrives at the Port of Tacoma. 30 30 2022 ANNUAL REPORT 30 30 2022 ANNUAL REPORT