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Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! bankruptcy code. Sherwood of the U.S. Bankruptcy Court in Newark, N.J.

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This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand. FedEx to Increase Shipping Rates. Thirteen Years After 9/11, A New Attempt To Screen 100 Percent of Cargo Containers ( Roll Call ). Kuehne + Nagel inaugurates North America’s regional Integrated Logistics Control Centre in Raleigh, NC, USA. Macy’s, Inc.

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Applying History’s Lessons to New Resiliency Plans

CH Robinson Transportfolio

Due to lean inventory strategies, many manufacturers only keep 15-30 days of inventory on hand. However, we saw similar supply chain outages associated with the 2004 Tsunami in Thailand, Hurricane Katrina in 2005, and Japan’s earthquake and Tsunami in 2011. Superstorm Sandy was uniquely catastrophic.

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What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Thus, going into 2019, with high inventories on imports, carriers have shown more discipline in controlling capacity than ever before. Higher inventories to avoid tariffs.