Why is Terminal 5 empty? Here's what you need to know
By Gwen Davis
Terminal 5 has been closed for about three weeks, and the terminal has remained empty. Cargo operations have been moved to Terminal 18. It is not uncommon for a pier to shut down for a period of time, and this happens occasionally at ports across the country.
Potential job loss of the employees who work at Terminal 5 is reportedly not expected to be large and neither are labor union disputes. Last Thurs. Union Hall hosted a “Stop Work Meeting” for ports to discuss the negotiations.
Next Tues., the Port Commission will be asked for approval to sell Terminal 5’s six cranes, which were purchased in the 1980s and are appraised at $3.75 million, according to the commission’s memo. The meeting will also debut a timeline for the modernization project.
It is still unclear where the port will acquire the one-quarter-billion dollars the project will cost. According to officials, the money will be accrued as the multi-year project takes place.
Background: