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The Port of Oakland on Feb. 10 announced a plan to shift cargo away from terminals now being handled by a bankrupt terminal operator, saying it will pay up to $1.5 million to financially bolster operators being asked to handle the extra containers.

To hear Port of Oakland, California, officials tell it, losing terminal operator Ports America — a major tenant — is a blessing in disguise that will create a leaner, meaner seaport. But some maritime experts say the fallout could hurt the port, a vital economic engine that supports tens of thousands of jobs related to overseas cargo.

A joint venture that includes terminal operator Ports America and Terminal Investment will cease operations at the Port of Oakland, California, officials said Jan. 19, dealing a blow to the East Bay cargo hub.

Officials with the Port of Oakland, California, announced Jan. 13 that the port set a record in 2014 for handling of freight containers, thanks to a 20% surge in December.

Maintenance and custodial workers from the Service Employees International Union were set to return to work Wednesday after a one-day strike at the Port of Oakland, Calif., The Associated Press reported.