A Pacific Merchants Shipping Association commentary notes that despite an optimistic
consultant’s outlook, which netted a tax-payer subsidy of $25 million to reopen
Portland’s T6 container terminal, the port’s TEU numbers are worse than ever. Inbound
traffic year to date totaled 22,796 TEUs, 25.6% below the volume in the same months in
2024. Outbound container trade was even worse, with traffic down 30.2% from the
same period in 2024.