|| Print ||
|Articles - November 2010|
|Thursday, October 21, 2010|
Page 2 of 4
We know the earthquake is coming and we know the damage will be bad. A seismic vulnerability report published last fall by the Oregon Department of Transportation provides a typically gloomy assessment, stating: “The effects of this (9.0 Cascadia) earthquake would be widespread across the most dynamic portion of the transportation network.” The report describes, among the carnage, an impassable Highway 101, closure of all state routes between 101 and I-5, 400 collapsed bridges, 600 damaged bridges and widespread damage to I-5.
“You know how a report usually says: ‘A portion of the highway will remain closed?’” asks Kent Yu, a structural engineer with Degenkolb Engineers and an OSSPAC member. “Well, this one says: ‘A portion of I-5 will remain open.’ That’s how grave the situation is.”
The energy situation is equally dire. Oregon imports 90% of its fuel from Washington, most of which is stored in tank farms along the Willamette River. But the majority of those storage facilities do not meet seismic standards and sit on soil that will liquefy during a major quake, says Deanna Henry, emergency preparedness manager for the Oregon Department of Energy. “These are old, old, old tanks on bad, bad, bad soil,” she says. The pipelines were not built to seismic standards either, she says.
Fuel is the linchpin of the recovery system — without it, efforts to restore the electrical grid in the aftermath of a seismic event will be severely compromised. “Maintenance trucks cannot do grid backup without fuel, and if I can’t get fuel out to maintenance trucks — it’s a vicious cycle,” Henry says.
Henry adds that a Cascadia quake would “most likely devastate” terminals at the Port of Portland, which also sit on liquefiable soils.
The condition of Portland’s older commercial buildings adds to the litany of woes. Of greatest concern are the 1,700 unreinforced masonry structures deemed at high risk of collapse in a major quake. Under Oregon code, property owners are required to complete seismic retrofits only when there is a change in use or major renovation. “But because of the costs involved, many property owners try to avoid triggering those thresholds,” says Mark Chubb, operations manager for the city of Portland Office of Emergency Management.
Even new buildings are vulnerable. Oregon’s earthquake construction standards, which were implemented in 1994, do not take into account the extended duration associated with subduction zone quakes, about 4 to 5 minutes of continuous shaking, says Stacy Bartoletti, president of Degenkolb. “We are not designing our buildings any differently than in California, where the earthquakes have a shorter duration,” he says. The ground motions produced by subduction zone quakes are particularly hazardous for mid- to high-rise towers, Bartoletti adds.
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Friday, February 27, 2015
PHOTOS BY JASON E. KAPLAN
Images from the 2015 celebration of Oregon's great workplaces.
Thursday, January 15, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Consumers love the savings they get from low oil prices, but how has business been affected?
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Monday, March 02, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Real Time - Oregon Business
Tweets by @OregonBusiness
|The 100 Best Companies to Work For in Oregon|
|Help Wanted: Poached Jobs aids restaurateurs |
|How Oregon will survive the loss of Hanjin|
|On the Brink|
|Thy neighbor's house|
|How a Utah-based essential oils company cornered the Oregon market|
|Green Rush: Cashing in on legal marijuana|
|Bill Gates leads Forbes' richest people list|
|Oil continues to gain on supply risks|
|With AmEx out, Costco turns to Visa, Citi|
|California gas prices spike|
|SeaWorld aims to alter marketing strategy|
|Herbalife stock falls after forecast cut|
|Target reports $2.6B loss in 4Q after closing Canadian holdings|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.
The Oregon Chapter of the Society for Marketing Professional Services, will be hosting it’s Annual Dinner and Keynote event on March 12, 2015. The evening promises to be memorable, with this years Keynote, Christine McKinley.