What City Observatory Did This Week A costly cargo cult in Portland: A proposal to spend $30 million per year subsidizing the revival of container shipping operations at the Port of Portland is misguided effort based on outdated economic thinking. Portland was never more than a very minor player in containerized shipping, handling less than 2% of West Coast traffic even at its peak.
The Week Observed: May 24, 2024
The Week Observed: May 24, 2024
The Week Observed: May 24, 2024
What City Observatory Did This Week A costly cargo cult in Portland: A proposal to spend $30 million per year subsidizing the revival of container shipping operations at the Port of Portland is misguided effort based on outdated economic thinking. Portland was never more than a very minor player in containerized shipping, handling less than 2% of West Coast traffic even at its peak.