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| Jobs |
Mission |
Funding |
Economy |
Environment |
Airports |
Marine |
Land |
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Bringing Jobs and Business to Our Region
The Port of Portland has a vital public mission to connect the region to the national and global marketplace. Because we generate 96 percent of our revenues from business transactions (only 4 percent of our revenue comes from taxes), the success of our marine, aviation and real estate business lines depends on our ability to attract and retain customers locally, nationally and internationally. For every $1 collected in property taxes by the Port, we generate $7.10 in property taxes through business transactions. No property taxes are used for aviation-related expenses.
The Port is an 800-employee, 24/7 operation with more than $1.6 billion in marine and aviation transportation infrastructure and real estate assets that generates nearly $250 million in annual revenues.
Many of our key customers such as shipping lines, railroads and airlines are located outside of our region or outside of the U.S and are private sector companies. We actively compete for their business. The investment we make in building business relationships not only helps fulfill our public mission, but also benefits the region we serve.
Business Development Results
We partner with the business community to aggressively and creatively recruit new nonstop air services. Today, Portland is the smallest of only 12 metro areas with both daily transatlantic and transpacific nonstop service. Our international services to Tokyo and Amsterdam generate a total airport and visitor direct business revenue in our region of $241.5 million.
Every ton of container cargo that comes through our marine terminals generates a local economic impact of $70. We handled 2.8 million tons last year for a $196 million impact. Each car that is brought to our docks generates an economic impact of $318. We handled nearly 450,000 cars last year for an economic impact of approximately $143 million.
During both tough and good economic times, the business development work we do helps pave the way for job creation and economic development for our region.
Funding and Revenue Sources
From a financial perspective, the Port’s budget can be divided into two parts-- general Port operations and aviation. The distinction is a financial one rather than operational, but it serves to help explain the Port’s budget and financial information.
General Port operations include the following: marine and industrial development, navigation, engineering, and the administrative divisions. The primary resources for general Port operations are from marine operating revenues, property sales and leases, and the Port’s property tax levy. Property taxes are assessed at a rate of 7.01 cents per thousand dollars of assessed value on property located within the Port’s political district of Clackamas, Multnomah and Washington counties. Annual taxes comprise about four percent of the resources for general Port operations and are an important source of funds to help with long-term capital demands and overall operations.
Aviation is comprised of Portland International Airport (PDX) and two general aviation reliever airports located at Hillsboro and Troutdale.
Aviation's operations are self-supporting and receive no direct property tax support. The agreements in place with air passenger and cargo carriers at PDX provide the cornerstone for the aviation line of business.
Related Link:
Strategic Plan and Budget
Economic Impacts of Marine and Airport Operations*
The Port's maritime and aviation operations create some 26,600 jobs, $1.7 billion in earnings for workers and $164 million in state and local taxes annually within the Portland-Vancouver area. The business and industrial parks the Port has developed contribute to the region's economic vitality as well. The activity of the more than 300 firms in the Port's business parks generates 31,000 jobs and contributes more than $138 million in property taxes across the region.
Overall the region’s maritime and aviation activities** support 76,000 jobs, provide $3.7 billion in personal income for those workers, and generates $346 million in property taxes.
Jobs
The Port’s aviation and marine activities created 32,460 jobs in the Portland metro area.
Aviation-related: 17,499
Marine-related: 9,099
Dollars
Port of Portland aviation and marine activities produced more than $1.7 billion in total income for the region.
Aviation-related: $988 million
Marine-related: $750 million
Business Revenues
Aviation and marine activities at Port of Portland facilities generated nearly $4.6 billion in revenues for regional businesses.
Aviation-related: $3.7 billion
Marine-related: $803 million
Taxes
Aviation and marine activities generated $164 million in state and local taxes.
*Based on 2011 study.
**Includes public and private maritime facilities in both the Portland and Vancouver harbors and the Port of Portland’s aviation system and related visitor industry impacts.
Environmental Stewardship
In addition to financial and community concerns, the Port of Portland integrates environmental considerations into its planning activities, project development and decision making. We continue to make significant strides through responsible environmental stewardship.
The complex environmental interactions resulting from regional population growth, deeper environmental awareness, and expanding global competition have made the need for strong and adaptable environmental management even more critical for long-term viability. To be sustainable in the future, we continue to manage our environmental impact by seeking long-term benefits for the communities in which we operate as we pursue our business objectives.
Recent Environmental Awards
- 2004 American Association of Port Authorities: Environmental Improvement Award for Comprehensive Environmental Management
- 2004 City of Portland Office of Sustainable Development: Businesses for an Environmentally Sustainable Tomorrow (BEST) Award
For more information, including our environmental policy, goals, achievements and our annual environmental report, please visit the Environmental section of our Web site.
Portland International Airport and General Aviation Airports
The Port owns Portland International Airport and a system of two general aviation airports that serve private and business aircraft.
Portland International Airport (PDX)
Serving on 12 commercial carriers and handling 214,000 tons of air cargo annually on 9 carriers, PDX sees more than 400 flights daily.
- Nonstop international flights to Amsterdam, Netherlands; Tokyo, Japan; Calgary, Alberta; and Vancouver, British Columbia, Toronto
- 213,964 short tons of cargo in 2011
- 1 fixed-base general aviation operator
- More than 219,000 operations in 2011
- More than 40 domestic and international destinations
The following passenger airlines serve Portland International Airport:
For a list of Cargo Airlines serving Portland International Airport, click here.
Hillsboro Airport
- 950 acres
- 2 runways (6,600 and 4,049 feet)
- FAA Air Traffic Control facility with precision instrument approach
- 4 full-service fixed-base general aviation operators
- 11 aviation service businesses (flight schools, charters, aircraft rentals)
- 16 other business operators
- Approximately 214,000 operations in 2011
Troutdale Airport
- 300 acres
- 1 runway (5,400 feet)
- Air Traffic Control facility
- 1 full-service fixed-base general aviation operator
- 12 aviation service business (flight schools, aircraft maintenance, sales)
- 10 other business operators
- Approximately 66,000 operations in 2011
Marine Terminals
More than 1,000 businesses in Oregon and Washington use the Port's marine facilities, which are served by a network of interstate freeways, Union Pacific BNSF railway, and the Columbia/Snake river barge system.
Terminals
- T-2: 52.5 acres; breakbulk, Ro-Ro, and project cargoes
- T-4: 261.5 acres; mineral bulks, autos, liquid bulks
- T-5: 159 acres; grain, mineral bulks, warehouse/manufacturing
- T-6: 419 acres; containers, autos, breakbulk, intermodal rail yard operations
2011 Cargo Volumes
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Cargo |
Volumes |
% Change from 2010 |
|
Containers (TEUs) |
197,446 |
9.0% |
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Automobiles (units) |
234,048 |
-11.5% |
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Grain (st) |
4,739,669 |
-0.2% |
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Mineral bulks (st) |
5,232,883 |
-0.5% |
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Breakbulk cargo (st) |
941,120 |
-2.6% |
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Total short tons |
13,379,403 |
2.0% |
Dredge Oregon
Cubic yards dredged in 2011 - 3.3 million
Portland Harbor (Includes both Port of Portland and private facilities)
| Leading Exports By Volume/Tons |
Leading Imports By Volume/Tons |
| Wheat |
Cement / Aggregates |
| Potash |
Steel |
| Soda Ash |
Automobiles |
| Scap Metal |
Fertilizers |
Leading Trade Partners ($ in Millions)
| Exports |
|
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Imports |
|
| Japan |
$904 |
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Japan |
$3,759 |
| China |
$883 |
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China |
$1,298 |
| South Korea |
$772 |
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South Korea |
$1,046 |
| Philippines |
$441 |
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Russia |
$349 |
Total Value of International Waterborne Trade
Portland imports and exports: $12.6 billion
Rankings
- Largest wheat export port in the U.S.
- Largest mineral bulks port on U.S. West Coast
- 3rd largest export tonnage port on U.S. West Coast
Industrial Property and Land Development
The Port owns six commercial and industrial parks in the Portland area and manages more than 9,700 acres of land and nearly 3.7 million square feet of building space.
Rivergate Industrial District
- 9 miles northwest of downtown Portland
- 2 marine terminals
- 2,800 acres near Interstate 5
- Burlington Northern Santa Fe and Union Pacific railroads
Swan Island Industrial Park/Port Center
- 4.5 miles downriver from downtown Portland
- 430 acres near Interstate 5
- Union Pacific railroad
Mocks Landing
- Adjacent to Swan Island Industrial Park
- 150 acres
- Union Pacific railroad
Portland International Center
- At Portland International Airport
- 458 acres adjacent to Interstate 205
- Light-rail served
Troutdale Industrial Park
- Next to Troutdale Airport
- 75 acres near Interstate 84
Brookwood Corporate Park
- Next to Hillsboro Airport
- 32 acres south of Highway 26
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