ICTSI

Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.

The International Longshore and Harbor Workers Union (ILWU) wants a judge to reverse or reduce a $93.6 million jury award against it or order a new trial.

Farmers and other shippers in Oregon got some good news this week when the South Korea-based container carrier SM Line announced it will bring weekly container shipping service back to Portland early next year. The service “will create more jobs for Oregonians and more opportunities for local companies to grow as they market Oregon products […]

International Longshore and Warehouse Union (ILWU) will seek to overturn a jury verdict that says it owes $93.6 million to the former operator of the Port of Portlands container terminal.

A federal jury has awarded $93.6 million to ICTSI Oregon, the former operator of the Port of Portland’s Terminal 6, after finding dockworkers engaged in illegal work practices such as work slowdowns and stoppages.

Manila, Philippines-based container terminal operator International Container Services International has posted a solid set of first quarter results. Revenues were up. Profits were up. Box lifts were up. The group attributed its good results to operational improvements, lower finance costs and a “ramp up” in contributions by its new ports.