Logistics News
Hanjin鈥檚 Ghost Ships Seek Havens as Food, Water Start to Dwindle
South Korea鈥檚 cash-strapped Hanjin Shipping Co. is adrift at sea 鈥 and in more ways than one.
September 6, 2016Officials Call For Action on Cargo Delivery Crisis at Ports of Los Angeles, Long Beach
Politicians gathered at the Port of Long Beach on聽Sept. 4聽to call for the flow of cargo to Southern California to resume, days after the bankruptcy of one of the world鈥檚 largest shipping lines disrupted the global supply chain.
September 6, 2016Hanjin Group to Provide $90 Million in Aid to Shipping Line
Hanjin Shipping Co.鈥檚 owner will provide聽$90 million (100 billion won)聽 as part of efforts to contain disruptions to the global supply chain stemming from the container line鈥檚 court-receivership filing.
September 6, 2016Opinion: Jake Brakes Keep Drivers Safe on Steep Roads
You can鈥檛 work in the trucking industry for long without realizing the interconnectedness of the trucking world 鈥 goods with communities, roads with ports, airports and railways, regulations across international and provincial borders and municipal boundaries, you name it. Another connection may not be immediately apparent: Canada鈥檚 National Trucking Week and 鈥淛ake鈥 brakes.
September 5, 2016Drayage Firms Look for Answers in Wake of Hanjin Shipping Bankruptcy
Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.
September 2, 2016Truckers Face Wide-Ranging Challenges From Stranded Hanjin Freight
Truckers who are being challenged on multiple fronts by bankrupt Hanjin Shipping鈥檚 stranded cargo that they already have are facing additional聽obstacles聽as U.S. ports take a variety of approaches to accepting or releasing the Korean carrier鈥檚 goods that are on the docks or afloat nearby.
September 2, 2016Hanjin Ships Get Stranded in High Seas, Roiling Supply Chain
Hanjin Shipping Co.鈥檚 vessels are getting stranded at sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.
September 1, 2016Hanjin Shipping Files for Court Protection After Revamp Rejected
Hanjin Shipping Co. applied for court protection Aug. 31 after failed efforts to secure credit and tide over a cash shortage.
August 31, 2016Distressed Hanjin Shipping Co. Becomes Symbol of Industry in Pain
Hanjin Shipping Co., the distressed Korean container mover that filed for court protection Aug. 31, is emerging as a symbol of the slump that has plagued the industry since the global financial crisis.
August 31, 2016Seventh Largest Container Shipping Company One Step Closer to Bankruptcy
SEOUL聽鈥 Hanjin Shipping Co.'s banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.
August 30, 2016