ICTSI Oregon, Inc., a subsidiary of International Container Terminal Services, Inc., is the new operator of the Port’s deep draft container terminal. Saturday, Feb. 12 marked the official start of the Port’s 25-year lease with ICTSI, Inc. to manage Portland’s Terminal 6 container and breakbulk facilities.
With a track record of success at 21 marine terminals and port projects in 15 countries, Portland marks the company’s first entry into the U.S. market.
ICTSI, a growing global terminal operator, has ambitious plans to boost service for both imports and exports while leveraging intermodal rail facilities for movement of boxes to and from inland markets by train. This will continue to position Portland as a cargo gateway.
Since the gates first opened at Terminal 6 in 1974, the Port owned and operated its container facility. The landlord operating model is common among modern West Coast ports. ICTSI Oregon, Inc. has hired approximately 22 staff to support terminal operations. The Port retains responsibility for security and some maintenance.
Parent company International Container Terminal Services, Inc. is among the top five global independent stevedoring and terminal operating companies in the world. Besides Portland, the company has international operations in Asia, Europe, the Middle East, and Latin America.