The Biz Buzz

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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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

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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Friday, July 24th, 2009
Posted by Kathleen Cooper @ 04:34:28 pm

If you're a homeowner in foreclosure or facing the prospect, this workshop's for you.

From 10 a.m. to 6 p.m. Saturday at the Tacoma campus of Evergreen College, representatives from the major lenders and mortgage credit counselors will be on hand to answer questions about the foreclosure process.

The workshop is sponsored by the City of Tacoma, among others.

"Sometimes it can be a challenge to reach a lender. Sometimes people don't want to face the reality until the last minute," said Rick Teasley, Housing Division Manager of the city's Community and Economic Development department. "We hope it'll help people to realize they're not in this boat alone."

This is the second such workshop the city has held, and the first one drew 200 people. Teasley said Friday that he expects that many, if not more, so get there early. Here's what you need to know:

When: 9 a.m. registration, 10 a.m. - 6 p.m. workshop

Where: Evergreen College, Tacoma campus, 1210 6th Ave.

What to bring: Photo ID; Social Security number; last two years of W-2s and the most recent tax return; last two pay stubs or proof of income; last two months of bank statements; complete information about the mortgage and other account balances and monthly payments, such as student loans, car loans and credit card balances.

Information: 253-798-8787

If you can't make it to this one, Teasley said another is planned for later this year, possibly in November.

Categories: General
Posted by John Gillie @ 02:36:04 pm

Here's a chance for a free inside tour of the Port of Tacoma.

The Port of Tacoma is hosting a no-cost bus tour starting and ending at the Highway 512 park-and-ride lot July 31. The tour begins at 9:30 a.m. and returns to the lot at about noon.

Reservations are required. Children must be at least six to participate. Riders 17 and older must have photo identification.

Reservations are available by calling the port at 253-383-9463 or by e-mailing the port at bustours@portoftacoma.com.

Categories: General, Port and trade
Posted by John Gillie @ 02:25:17 pm

A new cell phone waiting lot at Seattle-Tacoma International Airport opens at 9 a.m. Monday with twice the number of waiting spots.

The old lot closed six weeks ago to allow a new cargo operation to open adjacent to that old lot. In the meantime, the airport prepared the new lot for its debut.

The new lot is located on Air Cargo Road just north of the airport terminals.

The cell phone lot is available for persons waiting for friends and relatives to arrive. Those waiting can park free for up to 30 minutes and then proceed to the arrivals area at the airport when their passengers contact them by cell phone saying they're ready to be picked up.

The cell phone lot was set up to reduce congestion on the airport drives from motorists circling through the airport looking for their passengers. The lot also helped reduce the number of persons who illegally attempted to wait on the airport freeway shoulders.

Here are the directions to the new lot:

From the Southbound Airport Expressway:
Take the Air Cargo Rd./Cell Phone Lot exit, turn right onto 170th, turn right onto Air Cargo Road and follow that road until you see the Cell Phone Waiting Lot on your left.

From Southbound International Blvd:
Turn right onto 170th, turn right onto Air Cargo Road and follow that road until you see the Cell Phone Waiting Lot on your left.

From the Cell Phone Lot to Baggage Claim (Arrivals Drive):
Take a right out of the Cell Phone Lot and make left on Air Cargo Road (sign reads to terminal). Follow signs to Arrivals.

Posted by John Gillie @ 11:26:04 am

Using the threat of canceling its order for 30 Boeing 787 Dreamliners as leverage, Qatar Airways is talking with Boeing of moving its aircraft up the delivery schedule.

Flight International reports that Qatar CEO Akbar Al Baker is meeting with Boeing executives to persuade them to advance the delivery schedule for its Dreamliners.

That delivery schedule is now nearly two years behind schedule because of production and design delays with the revolutionary jet.

Al Baker said his airline need the extra capabilities that the 787 will bring before 2012, the date the airline is now scheduled to get its first 787.

The airline believes Boeing can move its initial deliveries into 2011 because some airlines higher on the delivery schedule have deferred their deliveries because of sour economic conditions.

Categories: General, Aerospace, Tourism
Posted by John Gillie @ 11:19:58 am

Continental Airlines is ending its long-standing partnership with Alaska Airlines' frequent flier mileage program.

Under that partnership, Alaska Airlines customers could get mileage credit on Alaska's Mileage Plan frequent flier program for flights on Continental flights and Continental customers flying on Alaska could get those miles credited to Continental's OnePass program.

Under those programs, Alaska Mileage Plan members could use their miles to book Continental flights, and Continental OnePass members could use miles to book Alaska flights.

The miles partnership will end Oct.25.

Continental didn't say why it was ending the relationship, but the airline is moving from from SkyTeam airline alliance to the Star Alliance effective Oct. 25.

The Star Alliance is dominated in the U.S. by United Airlines, an Alaska competitor on north-south West Coast routes. Continental didn't have any routes up and down the West Coast, so Alaska was a natural partner.

Continental is also ending its limited frequent flier relationship with American Airlines subsidiary American Eagle.

Categories: General, Aerospace, Tourism
Posted by John Gillie @ 10:51:01 am

The Pacific Northwest won't have a North American monopoly on Spain's high-tech Talgo trains beginning in 2011.

Wisconsin has signed a contract to buy two 14-car tilting technology Talgo trains from their Spanish manufacturer for use in service between Milwaukee and Chicago.

The lightweight trains that tilt into curves debuted 14 years ago on trains between Seattle and Portland with stops in Tacoma and elsewhere.

Amtrak and the states of Washington and Oregon have expanded the service now branded "Cascades" from Vancouver, B.C. to Eugene. A second daily Talgo train from Seattle to Vancouver is scheduled to begin soon.

Wisconsin will pay $47 million for the two trains. Basic pieces of the train cars will be fabricated in Spain but shipped to Wisconsin for final assembly.

Wisconsin hopes to expand the service to Madison, Wis. with another two trains it may purchase in the future.

While the trains are capable of running at 110 miles per hour, the present rail routes and their signaling limit them to a maximum of 79 mph.

In the Northwest, the trains have been a notable success attracting passengers from cars and planes with their enroute movies, bistro cars and two-classes of service.

Categories: General, Technology, Tourism
Posted by John Gillie @ 10:19:01 am

Tacoma's J.M. Martinac Shipbuilding Corp. will launch a new Navy tugboat at 8 p.m. Saturday from its shipyard on the Thea Foss Waterway.

The launching, from Martinac's shipyard on the east side of the Foss at South 15th Street, should be visible to onlookers on the west side of the near-downtown waterway.

The boat, the YT-802 "Valiant," is 90-feet long and 38 feet wide. The vessel is powered by two 1,800-horsepower Caterpillar diesels coupled to propellers that can be directed in 360-degree arc to propel the vessel in any direction.

The boat will be manned by two officers and four crew members. It will carry 25,000 gallons of fuel and 3,800 gallons of water.

Being a Navy vessel, the tug will carry some unusual equippage, two, 50-caliber machine guns.

The boat was designed by Robert Allan Ltd. of Vancouver, B.C. and built in conjunction with Pacific Tugboat Service of San Diego.

Tugboats have become a bread-and-butter product for former tuna boat builder Martinac.