HMT Replacement Plan Responds to Washington Ports' Loss of Market Share

HMT Replacement Plan Responds to Washington Ports' Loss of Market Share

Legislation being introduced by Washington state’s two U.S. senators to replace the Harbor Maintenance Tax with a new levy on U.S. containerized imports reflects a stark reality: Washington’s two container ports, Seattle and Tacoma, have for years been individually and collectively losing market share — mostly to Canadian west coast ports, where U.S.-bound containers aren’t assessed the HMT.

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