The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.
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Contributors
Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
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The housing slump continues to take casualties among timber workers in Washington as Weyerhaeuser Co. and union representatives met today in Vancouver to discuss layoffs among logging workers.
Those cutbacks could lead to the loss of 160 jobs in the woods in Aberdeen, Raymond and Pe Ell, reported the Aberdeen Daily World.
Weyerhaesuer is closing its log yard in South Aberdeen and consolidating its log export activity in Olympia and Longview.
The loss of those logging, truck driving and maintenance jobs could bring further misery in communities already hit by the weak demand for wood for housing.
In a move that harkened back to the airline fare wars of the '80s, Alaska Airlines today announced it will award its Mileage Plan frequent fliers double miles for flights between May 6 and June 30
The airline said the double miles program will celebrate InsideFlyer magazine naming it frequent flier program as "Program of the Year."
Here's how to qualify for double miles:
Mileage Plan members must first register online at alaskaair.com. Double miles are valid on Bargain, Value, Full Flex and First Class fare categories for flights on Alaska Airlines and Horizon Air. The offer is not valid on tickets booked in the Hot Deals category (G/T fare classes). Customers who wish to enroll in Mileage Plan can do so instantly at alaskaair.com and earn an additional 500 bonus miles.
Surface trade between the United States' top North American trading partners, Mexico and Canada, fell at an all-time high rate in February.
That trade by truck, train or pipeline fell 30.9 percent in February according to the Bureau of Transportation Statistics, an arm of the U.S. Department of Transportation.
That year-to-year drop was the largest single month drop since the bureau began tracking such trade.
February was the fourth month in a row when trade between the U.S. and Mexico and Canada fell more than 13 percent.
The dollar volume of trade was $47.9 billion, the BTS said.
That drop came before the late April revelation of a swine flu outbreak in Mexico, a development that has strangled trade between the two countries in the last week.
It’s one of the best business events of the year, and last night a few members of Team Trib attended the 8th Annual Business Leadership Awards ceremony as hosted by the University of Washington Tacoma Milgard School of Business.
The stories of the winners are always surprising and well told – this year’s winners were James Milgard, of Milgard Windows & Doors; Bill Matthaei, of Roman Meal; David Ottey, of the Emergency Food Network; and Brian Forth, of SiteCrafting.
The food (I had the chicken, others at the table had the halibut; both were tasty) was proclaimed as good, and better still was the keynote address by William Ayer, chairman and CEO of Alaska Airlines and Alaska Air Group.
We love lists, and Ayer accommodated us with eight tips for business management and four rules to live by.
The tips:
1. Get the right people on the bus.
2. Be urgent about change. Don’t worry about perfection; get to 80 percent and go forward.
3. Improve your capability to execute. If you have a week-long planning meeting, don’t end up with 50 action items. Get one or two, and get to work.
5. What gets measured gets managed. Develop metrics to measure success.
6. Be totally and completely customer-focused. Alaska customers wanted low fares, on-time service and in-plane wi-fi. That’s what Alaska is delivering.
7. As a leader, don’t confuse being popular with doing the right thing. Do the right thing.
8. Develop win-win strategic relationships. An Alaska alliance with American Airlines now makes it easier for customers to “earn and burn miles.”
The principles:
1. Don’t buy things you can’t afford.
2. Don’t borrow money you can’t pay back.
3. Don’t do deals you don’t understand.
4. If it doesn’t seem right, it probably isn’t.
Looking at where we are, and how we got here, and who isn’t here anymore, I’d say if CEOs had begun following those principles two years ago, or a year ago, their companies - which might now be faltering - wouldn’t be facing such difficulties.
