03
Oct
The Port of Redwood City ended its 2022-23 fiscal year on June 30 with record-breaking numbers and news of a new security grant, the port announced Sept. 25. The port reported $10 million in gross revenue at the end of the fiscal year, a 4% jump from the prior year. This stems from 1.82 million tons in cargo operations, a 35,000-metric-ton rise from the previous fiscal year, and shows a strong recovery post-pandemic, the port said. A rise in rental rates also contributed to record revenue. “Seeing an increase in yearly profits is exciting for many reasons, but especially knowing…