Hapag-Lloyd CEO: Container shipping recovery set to recover in 1-2 years HAMBURG — The container shipping industry is approaching an improved business environment as a range of factors that support a better supply and demand equilibrium start to take hold,… Hapag-Lloyd CEO: Container shipping recovery set to recover in 1-2 years Journal of Commerce
Read More →Hapag-Lloyd CEO: Container shipping recovery set to recover in 1-2 years
on September 13, 2016in Industry News
GLP expands US footprint with $1.1 billion logistics portfolio takeover
on September 13, 2016in Industry News
GLP expands US footprint with .1 billion logistics portfolio takeover GLP has agreed to acquire the $1.1 billion logistics portfolio from Hillwood Development Company as the Singapore-listed logistics property developer expands its already sizeable presence in the US market.The transaction will take GLP’s US footprint to 187 million square feet. GLP said in a statement […]
Read More →Second Hanjin ship to call US port
on September 12, 2016in Industry News
Second Hanjin ship to call US port The second of… Second Hanjin ship to call US port Journal of Commerce
Read More →Second Hanjin ship to call US port following bankruptcy
on September 12, 2016in Industry News
Second Hanjin ship to call US port following bankruptcy The second of… Second Hanjin ship to call US port following bankruptcy Journal of Commerce
Read More →Tension between shippers and container lines over invoice accuracy rises
on September 12, 2016in Industry News
Tension between shippers and container lines over invoice accuracy rises Declining shipping rates and slowed revenue growth due to faltering global demand have heightened tension between some container lines and shippers over the accuracy of invoices… Tension between shippers and container lines over invoice accuracy rises Journal of Commerce
Read More →Some NVOs saw Hanjin collapse months before bankruptcy filing
on September 12, 2016in Industry News
Some NVOs saw Hanjin collapse months before bankruptcy filing Non-vessel-operating common carriers as an industry saw signs of the Hanjin Shipping collapse months before the South Korean container line… Some NVOs saw Hanjin collapse months before bankruptcy filing Journal of Commerce
Read More →Hanjin Group approves spending to rescue stuck cargo
on September 12, 2016in Industry News
Hanjin Group approves spending to rescue stuck cargo The board of Korean Air Lines has approved spending by the Hanjin Group of 60 billion South Korean won ($55 million) as part of… Hanjin Group approves spending to rescue stuck cargo Journal of Commerce
Read More →US court moves stranded Hanjin containers closer to release
on September 9, 2016in Industry News
US court moves stranded Hanjin containers closer to release NEWARK — A federal judge on Friday extended the temporary order giving protection to Hanjin Shipping vessels to prevent their seizure in at least four US ports, and moved close to approving… US court moves stranded Hanjin containers closer to release Journal of Commerce
Read More →Flat Trans-Pacific spot rate after Hanjin surge suggests space available
on September 9, 2016in Industry News
Flat Trans-Pacific spot rate after Hanjin surge suggests space available Spot freight rates from Asia to the US held after a surge last week, but the failure to rise further this week suggests importers are finding space on… Flat Trans-Pacific spot rate after Hanjin surge suggests space available Journal of Commerce
Read More →Hanjin says it has cash to pay for unloading US cargo
on September 9, 2016in Industry News
Hanjin says it has cash to pay for unloading US cargo NEWARK — A South Korean bankruptcy court has approved the use of $10 million by Hanjin Shipping to unload four… Hanjin says it has cash to pay for unloading US cargo Journal of Commerce
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