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3/3/2011
Rail News: Rail Industry Trends
Portland port selects ICTSI Oregon to operate container terminal
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The Port of Portland, Ore., recently turned over management of Terminal 6 and breakbulk facilities to ICTSI Oregon Inc., a subsidiary of International Container Terminal Services Inc.
ICTSI Oregon retains a 25-year lease to operate the port’s deep draft container terminal. The operator plans to boost import and export services while leveraging intermodal rail facilities for moving containers to and from inland markets by train, ICTSI officials said in a prepared statement. The strategy will continue to position the port — which is served by BNSF Railway Co. and Union Pacific Railroad — as a cargo gateway, they said.
Since Terminal 6’s gates first opened in 1974, the port has owned and operated the container facility. The “landlord operating model” is common among West Coast ports, according to the Portland port.
ICTSI Oregon retains a 25-year lease to operate the port’s deep draft container terminal. The operator plans to boost import and export services while leveraging intermodal rail facilities for moving containers to and from inland markets by train, ICTSI officials said in a prepared statement. The strategy will continue to position the port — which is served by BNSF Railway Co. and Union Pacific Railroad — as a cargo gateway, they said.
Since Terminal 6’s gates first opened in 1974, the port has owned and operated the container facility. The “landlord operating model” is common among West Coast ports, according to the Portland port.
