Hanjin Shipping says it plans to leave Portland

PORTLAND — A South Korean shipping line that badly needs to cut costs plans to leave the Port of Portland, threatening the Northwest economy, increasing costs to big importers and putting at risk the viability of the port’s international container terminal.

The Oregonian reports Hanjin Shipping Co. Ltd., the Port of Portland’s biggest trans-Pacific container carrier, has made plans to pull out of Portland.

The move would jeopardize the international container terminal because prices could increase substantially for the remaining two carriers.

A Hanjin spokesman says container handling costs and low longshore labor productivity made Portland too expensive.

The longshore union and the port operator, locked in a contract dispute, blamed each other for Hanjin’s decision.

Hanjin has lost more than $100 million this year.

More in Local News

Inslee’s budget solves school funding with help from carbon

His budget would use reserves to boost education, then replenish them with a carbon tax or fee.

Man, 29, injured by shots fired at Everett thrift store

The gunfire followed an argument in the parking lot of Value Village on Evergreen Way.

Police: He made an appointment, then tried to rob the bank

A lawyer is accused of donning a fake beard and telling a teller that a gunman was outside.

Lynnwood robbery leads to lockdown at Edmonds schools

Edmonds police said it was just a precaution as they search around Edmonds-Woodway High School.

Marysville 7-Eleven hit by armed robbers

Officers set up a perimeter and brought in a police dog, but the man couldn’t be found.

In adult court, four teens plead not guilty to murder

Prosecutors allege they worked together to plan and execute a drug robbery in Everett.

2 women struck, injured while crossing busy roads

The first happened Wednesday night in Everett. The second was Thursday morning in Edmonds.

Drive-by shooting reported in Marysville neighborhood

Police said there was no evidence to indicate it was targeted at a specific person or property.

Trooper’s car struck when he was arresting man for DUI

She drove away but was arrested for investigation of driving while the influence and hit-and-run.

Most Read