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.
DHL’s new sorting center at its global air hub in Leipzig, Germany opened Thursday, enabling the company to sort bulkier and heavier shipments with automation, along with boosting the site’s handling capacity to 150,000 shipments per hour.
The Eden Prairie, Minn.-based third-party logistics provider C.H. Robinson reached an agreement to acquire Melbourne, Australia-based freight forwarder and customs broker APC Logistics.
The South Korean ocean carrier submitted a financial improvement plan to the state-run Korea Development Bank Thursday, but did not reveal details on the plan.