How far has the Port of Portland’s terminal business dropped this year?


New report reveals the depth of problems for the port’s container terminal.

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BY JACOB PALMER | DIGITAL NEWS EDITOR

New report reveals the depth of problems for the Port of Portland’s container terminal.

In total, the total amount of shipments has dropped significantly — about 36% from last year.

Some of the data isn’t surprising, particularly the 84 percent decline in container traffic.

The number largely corresponds with the expected volume lost after a long-boiling labor dispute between the longshore union and ICTSI Oregon Inc., the company that manages the port’s container business, resulted in the loss of the port’s two biggest container carriers — South Korean-based Hanjin Shipping and Germany-based Hapag-Lloyd. The container operation at Terminal 6 went three months without handling a single container, a drought that ended in April when Puyallup, Washington-based Westwood Shipping Lines resumed Portland service.

(READ MORE: Portland Business Journal)

It’s clear that 2015 marked a watershed year in Oregon’s transportation industry.

RELATED NEWS: Roll OnOregon institutions voice support for TPPFederal labor board rules against union in Port spatOregon business groups seek shipping solutions

 


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