Port Revenue Spike Masked by Logistics Shift | Seattle News

The Port of Olympia’s first-half revenue jumped over five million—thanks mostly to Weyerhaeuser’s last-minute log shipments before contract talks—but that’s a misleading spike. Expect a drop in log traffic later this year as demand from Japanese mills remains sluggish. Weyerhaeuser’s volume dipped below a threshold, triggering a 20K/month fee hike—the first time this clause has ever been used. Meanwhile, pulp shipments are holding steady, even growing slightly, thanks to new warehouse space. Though Suzano won’t be adding more ship calls, vessels will carry heavier loads, which matters for dredging decisions. Tugboat operators are reeling: down from 20-30 to just 13 vessel calls annually, forcing them to triple rates to stay afloat. The port projects a near-break-even year overall, mirroring past trends despite the second-half dip. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/57865a2bbe4d9862