Korea Line may take a partner in its potential $340 million bid for Hanjin Shipping’s Long Beach port assets, but it may not be current co-owner MSC. Long Beach has underperformed its local rival Los Angeles for five straight months. Based on provisional data for November imports fell 10%, while LA’s likely increased by a quarter. This underperformance may reflect removal of Hanjin Shipping’s business and prior congestion from empty containers among other reasons.