2017 Strategic Plan Update
After forming The Northwest Seaport Alliance with our Port of Seattle partner, some of the Port of Tacoma’s 2012 strategic plan initiatives moved over to the alliance. Learn more about The Northwest Seaport Alliance’s strategic business plan.
The Port of Tacoma plans to update its strategic plan, but the process will kick off later than we first thought. The Port contracted with Berk Consulting earlier this year to facilitate the planning effort. Since then, our commissioners have questioned whether they want to hire a new leader before or after the strategic planning begins.
They are scheduled June 5 to have a work session that will include a discussion about the timing of those two processes. We will update this page when we have a clearer sense of schedule.
We want your input.
We’ll provide updates and opportunities to participate as they become available.
In the meantime, here is a look at our 2017 Goals and Expectations.
2012 Strategic Plan Highlights
With input from community members, customers, business leaders and employees, we developed a 10-year strategic plan in 2012. The plan focused on four areas that build on our specific strengths to make better connections:
We concentrated on 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.
New business opportunities
We aimed on attracting new business opportunities with healthy income streams and increase the diversity of the Port’s business portfolio.
We continued to demonstrate great care for our business relationships with customers and key stakeholders.
Business development, environmental stewardship and livable communities go hand in hand. We continually heard that our community’s support of the Port and trade-related jobs is a key competitive advantage. We remain centered on growing the Port responsibly to ensure continued trust in our collective future.
10 targets in 10 years
These specific goals measured the plan's success.
- Double container volumes to 3 million TEUs.
- Double dry bulk volumes to 12 million metric tons.
- Increase breakbulk volumes by 30 percent to 200,000 short tons.
- Increase auto imports by 20 percent to 200,000 units.
- Improve our operating margin by 30 percent.
- Increase net income by 50 percent.
- Increase return on assets by 35 percent.
- Clean up an additional 200 acres of Port-owned contaminated property to industrial standards.
- Reduce diesel pollutants from cargo operations by 85 percent from 2005 baseline.
- Increase Port-related direct jobs by 4,700 and indirect jobs by 2,000.
- Strategic Plan 2014 Update
- Strategic plan highlights
- Comprehensive Scheme of Harbor Improvements (CSHI)
- Land Use & Transportation Plan 2014
- Shoreline Public Access Plan
- Tideflats Area Transportation Study
- Region 5 Hazard Mitigation Plan for Port of Tacoma
- Semi-Annual Report Jan-Jun 2017
- Semi-Annual Report - July-Dec 2017