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

"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