The Port of Portland says it cannot afford to keep the state’s only shipping container terminal open past September after a deal with a third-party operator fell through. Despite more business, costs have gone up, pushing the port’s container facility into the red.

The Port of Portland has lost more than $30 million during the past three years, the agency stated in a news release last month. That includes a projected $14 million shortfall for this year.

  • tsonfeir@lemm.ee
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    7 months ago

    I bet we will find that $30 million in the bank accounts of the C-Suite.

    • jordanlund@lemmy.worldOPM
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      7 months ago

      Nope, that’s the one. Next closest is Tacoma.

      So containers bound for Oregon will have to come in to Tacoma and then get shipped via rail or truck to here. Extra 150 miles?

      • Neuromancer@lemm.ee
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        7 months ago

        Does Newport have one? I thought I saw one somewhere else. I think Astoria use to have one but I don’t think it’s operation. I think it’s just remnants of the military base