- Associated Press - Wednesday, April 8, 2015

TACOMA, Wash. (AP) - The governing bodies of the ports of Tacoma and Seattle have met again to discuss a planned merger of their cargo operations and marketing.

The News Tribune reports ( http://bit.ly/1IpxMXa ) the Tuesday meeting was the latest in a series of confidential meetings the two ports have held. The talks are to work out details of combining the operations and marketing of the two ports’ container terminals under one management organization.

Port commissioners say they’re allowed to hold executive meetings about the alliance because federal law allows private meetings to discuss planned mergers.

The two ports want to submit a preliminary agreement to the Federal Maritime Commission for approval by the end of April, with the final agreement being reached by mid-summer.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide