A midyear review shows the Port of Tacoma’s financial results are showing signs of improvement as business turns upward after a five-year decline.
New figures presented to port commissioners predict the port’s net income will exceed both last year’s and the port’s own forecasts for 2012.
International container traffic is up 16 percent over last year through midyear. Breakbulk cargo through the port was up 79.3 percent through April, the port said. The port’s log business, the star of last year’s business performance, has fallen by about half.