Port of Longview continued its record-breaking income streak as it closed out the second financial quarter of the year and prepared to enter its budget planning process this fall.
The port’s net income totaled $10.1 million for the quarter, continuing a positive trend in the last few years that has seen revenues beat expectations.
In total revenue, the port brought in $33 million and spent $22.6 million. Much of that came from wind materials, containers, wood pulp and steel imports.
The port is also planning around the Industrial Rail Corridor Expansion project, a $74 million venture to add rail tracks and expand capacity. Brown said the expansion has clinched several federal grants, but heading into the future, the port will likely need to take out loans to shoulder the costs.