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Trans American

Customs & Logistics

Customs & Logistics News Story

Pertains to U.S.
Published in September 15, 2016 issue

Hanjin Managing Bankruptcy

Currently there are a half-million containers stranded worldwide due to the Hanjin bankruptcy.  To deal with this crisis, Hanjin is setting up rapid response teams which will remain open throughout the Korean Thanksgiving this week.  Hanjin is currently applying for bankruptcy protection in all necessary regions so vessels can arrive without risk of creditors seizing the cargo. Additional details are available at: http://www.joc.com/maritime-news/container-lines/hanjin-shipping/hanjin-vows-resolve-ongoing-crisis_20160914.html

 

Filed Under: Newsletter Story

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