Hanjin opposed Ashley Furniture’s motion for a freeze on the amounts it owes the carrier, along with a reduction in the amount owed, saying in a court filing that if the motion was granted, its ability to reorganize would be severely jeopardized.
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.
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APM Terminals appointed A.P. Moller Shipping Services Chief Executive Morten Engelstoft to succeed current CEO Kim Fejfer, who will be taking up a new role at APM Holding A/S, according to a statement from the company.
The Federal Aviation Administration told Braille Battery to stop shipping lithium-ion batteries by air transport or the company will risk criminal prosecution and fines.
Crane Worldwide Logistics appoints senior director for life sciences, while Röhlig names air freight manager for Germany.