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June 09, 2014

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24 THE JOURNAL OF COMMERCE www.joc.com JUNE 9.2014 PACIFIC NORTHWEST GATEWAY SPECIAL REPORT For example, a large property in the heart of the harbor area, West Hayden Island, could be a site for marine terminals and industrial properties, but the city's miti- gation requirements for turning the island into port or industrial use have priced the property out of the market, Wyatt said. He cited the inability to provide water- front property for a new grain terminal as the reason why EGT chose Vancouver, Washington, located across the Columbia River from Portland, as the site for its new grain export terminal. Wyatt said EGT's first choice for the grain terminal would have been Portland if the property were available, he said. In an address to local business inter- ests in April, Wyatt launched a campaign to focus greater awareness of the job-gen- erating value that port-related businesses provide in the greater Portland area. Wyatt views the energ y industry in North Dakota and Canada as a new fron- tier for port business. In addition to direct service by Union Pacifi c Railroad and BNSF Railway, Portland reaches into Canada via interlining between the U.S. railroads and Canadian National and Canadian Pacifi c. When the industry addresses safety issues involved in moving oil by rail, Portland will be well-positioned as a gateway for energy- related products, he said. Agricultural exports from the Colum- bia-Snake River system always have been important to Portland, and now Canada is looking to Portland as a gateway for its grain products, Wyatt noted. The combination of energy and agricultural product from the upper Midwest and Canada could be the next big generator of cargo growth in Port- land, he said. JOC Contact Bill Mongelluzzo at bmongelluzzo@joc.com and follow him on Twitter: @billmongelluzzo.

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