Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court advisory to return all chartered vessels to cut costs while the company is in the midst of reducing its fleet.
September 19, 2016Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fleets Fret Over Claims on Bad Hanjin Cargo
As Hanjin Shipping vessels finally arrive in the United States, some motor carriers are reluctant or refusing to accept cargo that might have been damaged because it could expose them to liability claims.
September 19, 2016Hanjin’s Stranded Cargo Begins to Flow at US Ports
Cargo stranded by the Hanjin Shipping bankruptcy slowly began to flow through U.S. ports last week, offering the first small signs of relief for truckers and their customers.
September 19, 2016New Freight Forward Network Forms to Take on Multinationals
A new industry group called the Globalia Logistics Network has been formed to align independent freight forwarders to compete with large multinational logistics providers.
September 16, 2016Hanjin Cargo Owners Say Bid to Unload Vessels Isn’t Working
Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the United States while it goes through bankruptcy in South Korea are meeting with complaints from cargo owners and from the companies that service and equip its fleet.
September 16, 2016Total Quality Logistics to Open Kansas City Office
Total Quality Logistics plans to open a new sales office in Kansas City, Missouri, on Nov. 14. It's the second location for the freight brokerage firm in the state.
September 16, 2016Managing CSA
Despite the removal of Compliance, Safety, Accountability scores from public view late last year, many shippers and third-party logistics providers remain eager to track carriers’ safety performance, and technology providers are helping to fill that void.
September 16, 2016Looming Trailer Shortage Newest Hanjin Bankruptcy Crisis
The bankruptcy of Korean ocean liner Hanjin Shipping Co. is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move containers on U.S. roads.
September 15, 2016Hanjin Collapse May Hurry Shipping Consolidation, Hapag Says
The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG CEO Rolf Habben Jansen said.
September 15, 2016Port of Wilmington Closely Watching Hanjin Bankruptcy Rescue
The Port of Wilmington is closely watching as one of its clients — South Korean company Hanjin Shipping —attempts to fight its way back from the brink of bankruptcy.
September 14, 2016