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Logistics News
Business, Logistics

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, 2016
Business, Logistics

Hanjin 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.

Tiffany Kary | Bloomberg News
September 16, 2016
Business, Logistics

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
Business, Logistics

Hanjin Collapse May Hurry Shipping Consolidation, Hapag Says

The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG CEO Rolf Habben Jansen said.

Nicholas Brautlecht | Bloomberg News
September 15, 2016
Business, Logistics

Looming Trailer Shortage Newest Hanjin Bankruptcy Crisis

The bankruptcy of Korean ocean liner Hanjin Shipping Co. is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move containers on U.S. roads.

Jim Christie | Reuters
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September 15, 2016
Business, Logistics

Port of Wilmington Closely Watching Hanjin Bankruptcy Rescue

The Port of Wilmington is closely watching as one of its clients — South Korean company Hanjin Shipping —attempts to fight its way back from the brink of bankruptcy.

Hunter Ingram | Star-News (Wilmington, N.C.)
September 14, 2016
Business, Logistics

Radiant Logistics Reports $5.6 Million Loss

Radiant Logistics Inc. reported a loss of $5.6 million, or 11 cents per share, for the 12-month fiscal year that ended June 30.

September 13, 2016
Business, Logistics

US Trailer Orders Fall Almost 38% Year-Over-Year

U.S. net trailer orders fell 37.6% year-over-year as some fleets remained cautious about adding equipment and cancellations increased, according to ACT Research Co.

Roger Gilroy | Senior Reporter
September 13, 2016
Business, Logistics

Hanjin Ship Unloading at Long Beach After Bankruptcy Ruling

A Hanjin Shipping Co. vessel began unloading its part of $14 billion worth of cargo Sept. 10 at the Port of Long Beach in California after a U.S. court granted the company a reprieve from having its assets seized, easing a cargo bottleneck resulting from the container line’s filing for bankruptcy protection.

September 12, 2016
Business, Logistics

Hanjin Collapse Is Triggering Short-Term Rate Spike, Maersk Says

Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an inflow of new clients after the collapse of Hanjin Shipping Co.

September 12, 2016
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