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Port of Portland shipping costs could rise

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Must Reads
Tuesday, October 22, 2013

If Hanjin stops making its weekly trips to the Port of Portland, it will mean higher costs for companies like Columbia Sportswear and Fred Meyer, as they will have to truck in goods from ports in Puget Sound.

The port, Hanjin, ICTSI Oregon Inc. and Fred Meyer hope to sit down in the next few weeks to see if something can be worked out to keep Hanjin ships steaming into port.

Hanjin has been making weekly trips to Portland's Terminal 6 for 20 years. More than a thousand local companies count on it to get their goods to market. The port estimates 771 jobs and over $45 million in annual wages is connected to Terminal 6.

Read more at KGW.

 

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