Hanjin opposed Ashley Furniture’s motion for a freeze on the amounts it owes the carrier, along with a reduction in the amounts owed, saying in a court filing that if the motion was granted, its ability to reorganize would have been severely jeopardized.
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.
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The Liberian International Ship and Corporate Registry appoints four managers, while Kalmar strengthens its Americas management and Envirotainer names head of Asia-Pacific operations.
Unishippers Global Logistics names chief executive officer, while the Transportation Intermediaries Association appoints chief of staff and Wabash National picks president.
Third-party logistics provider Kuehne + Nagel said it will use a transportation management system from Transporeon to handle execution and visibility for its truckload and less-than-truckload shipments in Europe.