Oregon’s Port of Portland Rescue Plan Calls for Doubling Container Volume
2024-08-28 14:10

Oregon’s Port of Portland Rescue Plan Calls for Doubling Container Volume

by Hristijan Ivanov

"The Port of Portland, Oregon’s only ocean-going seaport, submitted its revised comprehensive business plan to Governor Tina Kotek as part of the state’s promise to lead a rescue of the financially troubled container terminal operations. The operation is currently losing more than $12 million a year but with state aid, they envision doubling container volume over the next five to seven years as the operation reaches financial sustainability and provides a vital service to Oregon’s businesses." See the original story at: The Maritime Executive.

Source: The Maritime Executive