Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court advisory to return all chartered vessels to cut costs while the company is in the midst of reducing its fleet.
September 19, 2016No rankings are available for this year.
Extras
Hanjin Cuts Fleet as Court Advises Return of Chartered Ships
Introducing Company Pages
Every logistics company now has its own page, with previously unpublished data. Click on names in rankings below.
September 19, 2016US Ports, Private Firms to Spend $154.8 Billion on Projects Over the Next 5 Years, AAPA Says
U .S. ports and private com panies will spend an esti mated $154.8 billion on capital projects over the next five years, from dredging harbors and expanding terminals to building warehouses and buying automated container handling equipment, according to the American Association of Port Authorities.
Takeaway: Focus on Ports
Just as highway bottlenecks can impede the transport of goods over the road, congestion in and around the nation’s seaports can disrupt the supply chains of companies that import and export goods.
Hanjin’s Stranded Cargo Begins to Flow at US Ports
Cargo stranded by the Hanjin Shipping bankruptcy slowly began to flow through U.S. ports last week, offering the first small signs of relief for truckers and their customers.
Fleets Fret Over Claims on Bad Hanjin Cargo
As Hanjin Shipping vessels finally arrive in the United States, some motor carriers are reluctant or refusing to accept cargo that might have been damaged because it could expose them to liability claims.
Managing CSA
Despite the removal of Compliance, Safety, Accountability scores from public view late last year, many shippers and third-party logistics providers remain eager to track carriers’ safety performance, and technology providers are helping to fill that void.
Total Quality Logistics to Open Kansas City Office
Total Quality Logistics plans to open a new sales office in Kansas City, Missouri, on Nov. 14. It's the second location for the freight brokerage firm in the state.
September 16, 2016Hanjin Cargo Owners Say Bid to Unload Vessels Isn’t Working
Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the United States while it goes through bankruptcy in South Korea are meeting with complaints from cargo owners and from the companies that service and equip its fleet.
New Freight Forward Network Forms to Take on Multinationals
A new industry group called the Globalia Logistics Network has been formed to align independent freight forwarders to compete with large multinational logistics providers.
September 16, 2016