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Ports to Consider Closer Cooperation by Business Journal staff writer Puget Sound Business Journal, October 4, 2004

Commissioners from the Port of Vancouver, Wash., and Port of Portland are considering closer cooperation on economic development issues.

The two boards will decide on a proposed intergovernmental agreement between the two ports at their upcoming October commission meetings.

The proposed agreement represents a commitment of the ports to work together in developing future projects to benefit the entire region and builds on a 1996 joint discussion agreement between the ports.

The purpose is for both ports to work together in identifying ways to leverage limited public resources to attract more business to the region and address freight transportation issues that impact the Portland/Vancouver area.

The Port of Portland was recently forced to cut the equivalent of more than 81 full-time jobs in response to a loss of service provided by two trans-ocean container shipping companies. The loss of service means cargo will be shipped from other ports, resulting in an operating loss of $12.4 million.