Oakland Outer Harbour declares bankruptcy
The operator of an Oakland container terminal has filed for bankruptcy just 13 days after Ports America announced it would exit the terminal.
Outer Harbour Terminal LLC, formerly known as Ports America Outer Harbour, announced on January 19, 2016, that it was returning the terminal back to the port in order to focus its West Coast strategy on Los Angeles, Long Beach, the Pacific Northwest and Western Canada.
At that time, Ports America said that it would continue to provide vessel services for 30 days and then take an additional 30 days to transition out of the terminal.
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