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Tidewater to acquire Columbia River boats from Foss, which is cutting 60 jobs

Apr 23, 2013 03:25 PM

Foss completely exiting Portland-Astoria market

(PORTLAND, Ore.) -- Tidewater Barge Lines has agreed to acquire Foss Maritime's tugboat business on the Columbia River, the Oregonian newspaper reported. Sixty employees have lost their jobs at unionized Foss. The Seattle company's exit from the Columbia River was attributed to fewer cargo ships calling in the region after deepening of the port accommodated larger ships carrying more cargo.

Click here to view the newspaper's story.

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