The U.S. District Bankruptcy Court in Newark, N.J. will hear from companies today that said Hanjin is not “promptly” informing creditors when ships go off charter.
Thomson Reuters global trade management business, ONESOURCE Global Trade, conducted its second annual Global Trade Survey, shedding light on trends and challenges faced by trade experts and multinationals alike.
Bigger vessels that can fit through the expanded section of the Panama Canal represent a small portion of the total traffic so far, but the new locks have only been open for less than four months.
Registration takes less than 1 minute.
Third-party logistics providers like Expeditors International of Washington have traditionally benefitted from disruptions in direct shipper/carrier relationships, according to a recent client note from William Blair Equity Research.
Thousands of chassis in and around the ports of Los Angeles and Long Beach have containers mounted on them that are either owned or leased by the now insolvent ocean carrier Hanjin Shipping.
Several ocean carriers have decided to launch various routes in order to fill the void from Hanjin’s halted operation.