Port approves subsidy to keep container business

Published



PORTLAND, Ore. (AP) — Port of Portland commissioners have approved an incentive program to entice container-shipping companies to continue visiting the city amid a decline in productivity.

The commissioners voted 7-2 on Wednesday to pay $10 per container to carriers who stop at the port’s Terminal 6, a sprawling Columbia River container yard. The program is capped at $1 million and expires at the end of 2013.

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