International Longshore and Warehouse Union members walked off their jobs yesterday for the second day in a row after a verbal altercation with employees of ICTSI Oregon, the operator of Portland’s only container terminal.
International Container Terminal Services
06 Feb 2014
After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.
17 Dec 2013
Longshoremen at the Port of Portland on Tuesday were performing work on a Hanjin Shipping Co. vessel that could influence whether the South Korean carrier continues to call in Portland in the coming year.
14 Nov 2013
Organic volume growth of just 1.5 percent in the first nine months of this year at ICTSI’s global roster of container terminals was below expectations “considering its presence largely in emerging market economies,” according to analysis from Drewry Maritime Equity Research.
31 Oct 2013
Trade growth to and from the Philippines is being held back by poor gateway performance and a lack of hinterland infrastructure, claim lines and forwarders.
18 Sep 2013
International Container Terminal Services and PSA International have signed an agreement to jointly develop, construct and operate a container port and its ancillary facilities...
13 Aug 2013
Contecon Manzanillo, operator of the Specialized Container Terminal 2 in Mexico’s Port of Manzanillo, has received its first vessel, the 5,500-TEU Maersk Kalamata.
09 Aug 2013
International Container Terminal Services reported its net income in the second quarter of 2013 was $44.2 million, jumping 26 percent year-over year from $35.0 million.
10 May 2013
International Container Terminal Services reported its net income in the first quarter of 2013 was $43.2 million, jumping 20 percent from $36.0 million in the first quarter of 2012.
11 Mar 2013
International Container Terminal Services reported its net income attributable to equity holders in 2012 was $143.2 million, rising 10 percent from $130.5 million in 2011.