By Karen Robes Meeks
The Containerization & Intermodal Institute (CII) has given its 2017 Connie Award to John Wolfe, CEO of The Northwest Seaport Alliance and the Port of Tacoma, and International Trade Education Programs, Inc. CEO Amy Grat.
The pair were honored Tuesday at an award dinner in Long Beach, where the Intermodal Association of North America was also having its Intermodal EXPO this week.
The awards spotlight those who made “outstanding contributions to containerization and world trade and transportation sector and are acknowledged for their pioneering spirit in their careers, as well as for the positive example they establish for those who will be the future the industry,” according to the release.
“CII is fortunate that in the 45 years of presenting the Connie Award, we continue to honor those who have positively impacted our industry and its reputation,” said CII President Michael J. DiVirgilio. “The different routes that John Wolfe and Amy Grat have taken on this journey have earned them the distinct honor of being recipients of this prestigious award.”
Wolfe, who has been CEO of the Port of Tacoma since 2010, is a veteran in the industry, having spent 10 years with Maersk Sealand/APM Terminals in Tacoma performing various roles such as terminal operations manager. Previously he served the Port of Olympia as director of operations and marine terminal general manager before becoming its executive director.
Grat, who has been CEO of ITEP since 2010, is developing the future industry leaders by partnering with supply chain stakeholders to give high school students a taste of career opportunities in these sectors.
Showing posts with label John Wolfe. Show all posts
Showing posts with label John Wolfe. Show all posts
Friday, September 22, 2017
Friday, August 15, 2014
Port of Tacoma CEO Gets 4 Percent Raise
By Mark Edward Nero
Port of Tacoma CEO John Wolfe was granted a four percent pay increase by the port’s governing board on Aug. 7, raising his annual pay to $257,000.
Wolfe, a Puyallup, Wash. native, was named the port’s chief executive officer in June 2010 after a five-year stint as deputy executive director.
During his tenure so far, he has overseen substantial growth in containerized cargo volumes, mostly attributed to a move of the so-called Grand Alliance of shippers – NYK, OOCL and Hapag-Lloyd – which moved to Tacoma’s Washington United Terminals in 2012 from the rival Port of Seattle.
Before joining the Port of Tacoma, he spent two years as the executive director of the Port of Olympia, and before that was Olympia’s director of operations and marine terminal general manager.
He also spent 10 years with Maersk Sealand/APM Terminals in Tacoma, with his last role being the terminal’s operations manager.
With the raise, Wolfe will see his pay increase by about $10,000 a year. However, he’ll still earn less than the CEO of the neighboring Port of Seattle, Tay Yoshitani, who earns about $367,000 annually. Yoshitani, who is expected to retire later this year, has substantially more responsibilities than Wolfe, including oversight of the Sea-Tac Airport.
Port of Tacoma CEO John Wolfe was granted a four percent pay increase by the port’s governing board on Aug. 7, raising his annual pay to $257,000.
Wolfe, a Puyallup, Wash. native, was named the port’s chief executive officer in June 2010 after a five-year stint as deputy executive director.
During his tenure so far, he has overseen substantial growth in containerized cargo volumes, mostly attributed to a move of the so-called Grand Alliance of shippers – NYK, OOCL and Hapag-Lloyd – which moved to Tacoma’s Washington United Terminals in 2012 from the rival Port of Seattle.
Before joining the Port of Tacoma, he spent two years as the executive director of the Port of Olympia, and before that was Olympia’s director of operations and marine terminal general manager.
He also spent 10 years with Maersk Sealand/APM Terminals in Tacoma, with his last role being the terminal’s operations manager.
With the raise, Wolfe will see his pay increase by about $10,000 a year. However, he’ll still earn less than the CEO of the neighboring Port of Seattle, Tay Yoshitani, who earns about $367,000 annually. Yoshitani, who is expected to retire later this year, has substantially more responsibilities than Wolfe, including oversight of the Sea-Tac Airport.
Tuesday, January 24, 2012
Port of Tacoma Projects 2012 Revenue Increase
The Port of Tacoma’s overall operating budget for 2012 includes projected revenue of $116.3 million, an increase of 3.3 percent over the estimated 2011 operating revenue results.
The revenue increase, according to the port, is driven primarily by improved intermodal lift volumes, contractual increases and minimum payments from container terminal customers, as well as from new leases from property acquisitions made over the past several years.
The port’s 2012 operating income is budgeted at $20.8 million, down from the forecast $22.3 million in 2011. However, net income is projected at $28.6 million, an increase of almost $2 million from last year’s forecast of $26.8 million.
The budget also includes projected volume changes, including:
• A total tonnage increase of 2.9 percent, from 16.5 million to 17.0 million short tons.
• A 2.9 percent increase in total 20-foot equivalent container units.
• An 8.9 percent increase in intermodal lifts.
“The Port of Tacoma will encounter both market risks and new business opportunities in 2012,” CEO John Wolfe said in announcing the budget. He says Tacoma could pivot strategically once an in-progress analysis is complete by the end of the first quarter.
“The port is in the process of a strategic review that will direct the investments we make in the future and the business models under which we operate,” he said. “Therefore, 2012 will be a year of transition as we implement our new strategies.”
Wolfe also warned that the economic storm that plagued Tacoma in recent years still hasn’t completely blown over.
“We fully expect that the lingering effects of the recent global economic downturn will continue through 2012,” he said. “While we see encouraging signs of recovery and cautious optimism, we believe full recovery is still years away.”
The revenue increase, according to the port, is driven primarily by improved intermodal lift volumes, contractual increases and minimum payments from container terminal customers, as well as from new leases from property acquisitions made over the past several years.
The port’s 2012 operating income is budgeted at $20.8 million, down from the forecast $22.3 million in 2011. However, net income is projected at $28.6 million, an increase of almost $2 million from last year’s forecast of $26.8 million.
The budget also includes projected volume changes, including:
• A total tonnage increase of 2.9 percent, from 16.5 million to 17.0 million short tons.
• A 2.9 percent increase in total 20-foot equivalent container units.
• An 8.9 percent increase in intermodal lifts.
“The Port of Tacoma will encounter both market risks and new business opportunities in 2012,” CEO John Wolfe said in announcing the budget. He says Tacoma could pivot strategically once an in-progress analysis is complete by the end of the first quarter.
“The port is in the process of a strategic review that will direct the investments we make in the future and the business models under which we operate,” he said. “Therefore, 2012 will be a year of transition as we implement our new strategies.”
Wolfe also warned that the economic storm that plagued Tacoma in recent years still hasn’t completely blown over.
“We fully expect that the lingering effects of the recent global economic downturn will continue through 2012,” he said. “While we see encouraging signs of recovery and cautious optimism, we believe full recovery is still years away.”
