The U.S. District Bankruptcy Court in Newark, N.J. will hear from companies today that said Hanjin is not “promptly” informing creditors when ships go off charter.
Thomson Reuters global trade management business, ONESOURCE Global Trade, conducted its second annual Global Trade Survey, shedding light on trends and challenges faced by trade experts and multinationals alike.
Bigger vessels that can fit through the expanded section of the Panama Canal represent a small portion of the total traffic so far, but the new locks have only been open for less than four months.
Registration takes less than 1 minute.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
The association, which represents independent truck drivers, said Congress should not mandate the devices on commercial vehicles, and instead let the regulatory process play out.
Online freight rate marketplace Freightos told American Shipper that eastbound transpacific rates have shot up 50 percent since Hanjin filed for bankrutpcy last week.