Billions of dollars of merchandise tied up in the Hanjin Shipping bankruptcy But what if the Hyundai deal falls through, asked Global Trade, and Hyundai is not able to ride to the rescue. Details of the potential disruption to the supply chains of companies in the US...
Dozens of ships carrying more than half a million cargo containers on Hanjin Shipping vessels were denied access to ports because of uncertainty about who would pay docking fees, container-storage and unloading fees in the week after the South Korean carrier filed for...
As of Labor Day, Global Trade was taking legal steps to prevent seizures of its ships and Hyundai Merchant Marine was in talks to take on some of the bankrupt carrier’s assets and customers. But what if the Hyundai deal falls through, asked Global Trade, and Hyundai...
California officials called for the flow of cargo to the state’s ports to resume after the bankruptcy of Hanjin Shipping stopped the South Korean carrier’s vessels from their scheduled arrivals, the Los Angeles Times reported over the Labor Day weekend. The bankruptcy...
While Hanjin Shipping’s plunge into receivership has caused chaos for non-vesssel-operating common carriers (NVOs) around the world, it appears some NVOs saw the writing on the wall prior to August. That is American Shipper’s conclusion (subscription access) after...
Hanjin Shipping’s drift into receivership is roiling global trade as its ships are refused entry at ports – or seized – and freight rates surge. Reuters has tracked the developing story with updates through the last weeks of August – including an August 29 report on...
If US government restrictions on trade with Cuba were lifted, Cuba could generate $5.9 billion annually in American exports, reports Columbus CEO. Ohio’s diverse economy, which includes agriculture, fashion, manufactured goods, medicine, pharmaceuticals,...
The lastest (May 2016) data from Datamyne, shows gains in import volumes for the Ports of Los Angeles and Long Beach, Port Technology reports. But, Port Technology asks, will the opening of the expanded Panama Canal derail the West Coast ports’ growth trends? Transit...
The lastest (May 2016) data from Datamyne, shows gains in import volumes for the Ports of Los Angeles and Long Beach, Port Technology reports. But, Port Technology asks, will the opening of the expanded Panama Canal derail the West Coast ports’ growth trends? Transit...
Grain-oriented electrical steel -- (GOES M3) – continued its price slide in June against smaller import volumes, and despite a higher domestic surcharge, reports MetalMiner. Noting that the demand for certain types of steel has created shortages of some materials,...
