David Kersten, an analyst from the investment bank Jefferies, told Bloomberg in an interview the most likely scenario is that Maersk would take over the assets of the South Korean liner carriers.
Aviation industry officials and governments are expected to finalize a global climate change agreement at the International Civil Aviation Organization's 39th Assembly in Montreal, which begins today, according to the Air Transport Action Group.
Transportation planners and industry executives briefed House lawmakers last week on progress made so far with implementing freight provisions of the FAST Act.
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The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping's insolvency.
The South Korean liner carrier is surely to blame for its own demise, but how much of its demise can be attributed to luck in an industry where most play follow the leader?
Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."