Sponsored by Oregon Business

Port plans $4.7M payment to cover losses

| Print |  Email
Must Reads
Wednesday, August 08, 2012

The Port of Portland plans a $4.7 million repayment to the operator of its container terminal to cover losses from longshore labor problems.

Port managers want their commissioners to approve the payment Wednesday, saying they want to cover some of the losses incurred by ICTSI Oregon Inc., which operates the terminal where labor disputes have backed up cargo this summer.

An ICTSI lawyer wouldn't comment Tuesday on the payment, which is likely to be approved. But ICTSI's chief executive said the labor problems continue, despite a federal judge's order banning slowdowns. Elvis Ganda said work loading and unloading two vessels at the Port last weekend went slowly and cost extra, given that ICTSI had to hire more teams, known as gangs, from the International Longshore and Warehouse Union.

Read more at OregonLive.com.

{biztweet}port portland{/biztweet}

 

Comments   

 
Guest
+1 #1 Taxpayer cover the lossGuest 2012-08-08 21:21:52
That is discusting having the Port cover the loss. That money will eventually come from the taxpayer. The union thugs get off for free.
Quote | Report to administrator
 
 
Guest
+1 #2 IncredibleGuest 2012-08-08 22:15:45
4 Plus million to turn on a light switch. Take it from the unions that caused the loss not me the taxpayer who built the Port of Portland in the first place so they could have work.
Quote | Report to administrator
 

More Articles

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


Read more...

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Grassroots movement pursues carbon bills

News
Tuesday, February 24, 2015
eventthumbBY KIM MOORE | OB RESEARCH EDITOR

A partnership of a grassroots environmental organization and a youth group is striving to build community and business support for carbon price legislation.


Read more...

Power Players

April 2015
Friday, March 27, 2015
BY ROBERT MULLIN

A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS