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Portland approves assistance to terminal operator

Ocean

Monday, February 18, 2013

Commissioners of the Port of Portland last week voted to give up to $3.7 million in rent rebates ($308,333 per month) to ICTSI Oregon, the manager of its main container facility, because of reduced productivity linked to an ongoing labor dispute between the terminal operator and the International Longshore and Warehouse Union. The action last week is on top of a program approved last month to give carriers a $10-per-container incentive to call at the port, not ...

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