Kroger, Dollar Tree May Benefit from Portland, SM Line’s Route of Convenience — Panjiva
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Kroger, Dollar Tree May Benefit from Portland, SM Line’s Route of Convenience

Ags - Grains/Beans 299 China 2971 Corp - Ports 880 Corp - Shipping 976 Mode - Containerized 1468 Mode - Seaborne 1801 South Korea 578 U.S. 5317

Container-line SM Line will start a new service running from China and South Korea to the port of Portland, Oregon. That’s the first container service to the port since 2015. It comes at a good time for Portland, which suffered a 35.3% year over year drop in shipments in 3Q due to a trade-war linked collapse in shipments of grain. The new service comes as SM Line’s U.S.-inbound shipments fell 6.2% in October. Lower China-to-U.S. volumes were only partly offset by increases from South Korea. Previous consignees on Portland-inbound routes in the 2013 to 2014 period included food retailer K...

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