CEO: Port of Everett pushes forward, despite loomimg challenges from tariffs

EVERETT — Port of Everett CEO Lisa Lefeber touched on a variety of topics during the port’s annual report Wednesday night, including tariffs, revenue challenges, port projects and dissatisfaction with the state’s decision to award a lucrative ferry contract to an out-of-state shipmaker.

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Tariffs imposed by President Donald Trump have caused at least a 10% drop in cargo revenue at the Port of Everett with the situation expected to get worse, Lefeber said Wednesday night.

Lefeber said the tariffs have confused the port’s major users, companies in South Korea, Japan and Canada, and had led them to delay goods that they ship through the port.

The Port of Everett is the third-largest container port in Washington, and among the products it handles are aerospace parts, forestry products, cement and heavy machinery. It does not handle consumer goods.

https://www.heraldnet.com/news/ceo-port-of-everett-pushes-forward-despite-loomimg-challenges-from-tariffs/