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If you’d asked me what I know about global forwarding when I joined the industry two years ago, I would have looked at you quizzically and said, “Global forwarding? I’ve learned to see just how crucial global supply chains are to our everyday lives. Thanks to global forwarding, we can have products from all over the world. Here are just some of the fascinating facts about global forwarding that you can pass along to the people you know. MORE
Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. MORE
Top Five Air Cargo Carriers. The top five air cargo carriers by weight, according to the IATA , are: Fedex. As the biggest air cargo carrier by weight, Fedex had a revenue of $44.3 To support its air cargo business, Fedex has 634 aircraft and services 375 airports. One thing Fedex is known for is having transported two pandas as part of a global conservation program ( Fedex ). million tons of cargo in the 2012-2013 financial year, earning $2.8 MORE
You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” And considering that our international tariff laws have been more dynamic in the past three years, shipping U.S. Shipping Overseas. Getting a Global Perspective. MORE
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . Top 10 Most Read Transportation Management and Transportation Articles of 2015. In these most read 10 transportation management or transportation articles this year we saw, as with the other categories, a large portion focus on technology, such as transportation management systems. MORE
Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. Another valid concern about larger vessels is that a ship carrying 18,000 to 19,000 TEUs will need about 100 acres of terminal within the port to carry out efficient operations. By the time an expansion may be completed, it may be operationally obsolete because of even larger ships. Global Trade Management Guest Commentary Guest Commentary - CH Robinson C.H. MORE
Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. a) Across the various actors in any single transport chain. a) Real-time Shipping Milestones. What TRAMES Aims to Tackle. MORE
The Regulation’s Impact on Ocean Shipping and Data Management. The revised Safety of Life at Sea (SOLAS) container weight verification requirement is a significant change in the ocean cargo supply chain. In regard to rolling out the regulation in practice, multiple considerations remain depending on the type of cargo and other factors. A typical ocean cargo dataflow includes the shipper, carrier, terminal and the vessel. MORE
It sounds like a shipping nightmare, and in some respects, it is. This will require an LTL and e-commerce focused shipping strategy. Benefits of Combining LTL and E-Commerce Shipping Strategies Omnichannel means the ability to serve customers across any channel and blend all channels to create seamless experiences for customers. Lowered carrying costs through additional shipping models. Expand LTL transportation networks. Omnichannel is “in.” MORE
Massive ships. While container terminal operators certainly feel the pressure, freight forwarders and the shipping lines themselves have a few planning puzzles to sort out on their own. Capacity of container ships handled in 2014. In 2014, 39% of all container ships travelling worldwide had capacities of over 14,000 TEUs and the number of megaships continues to grow. Shipping lines alliances. Decrease in port calls for big ships since 2009. Slow steaming. MORE
Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. That’s why you need a global shipping strategy with a comprehensive global vendor management program. What is Global Vendor Management? Global vendor management programs are based on a foundation of purchase order (P.O.) management of global vendors. MORE
Air Cargo Overview. Air transportation is used to transport air cargo by plane and is a crucial component of international logistics networks. Air cargo is especially useful for companies shipping time-sensitive goods or goods over large distances. Air cargo is usually transported using dedicated cargo aircraft (freighters) or passenger aircraft. The Importance of Air Cargo. Modes of Transportation. MORE
However, mobile technology is not new to the transportation world. For mobile technology and transport, the theoretical tipping point is in our rearview mirror. Price points for hardware and communications have fallen, and the reliability and capabilities of mobile technologies for transportation have vastly improved. Mobile Technology in Transportation Management Impacts all Points Along the Supply Chain. The Summary of Mobile Technology in Transportation Management. MORE
The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. The Shipping Container: Before 1956. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. MORE
Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly. MORE
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility? Cargo consolidation is a strategic option for many shippers—especially those with a lean supply chain or in a just in time environment. MORE
Learn about the benefits of containerization and how Gravity supply chain solutions’ container tracking feature enables real time visibility of your cargo. MORE
As increased globalization and mobile workforces continue to create opportunities for international business, it is more important than ever to realize the need for seamless global trade. Of course, international shipping is a complex service with countless moving parts, including regulations, security, capacity and legal considerations – all which can lead to a reliable and cost-effective shipment when tended to properly. MORE
Seemingly everything has been shaken up by COVID-19, and the shipping, logistics, and transportation industry is no different. All modes of travel were booming, whether it be for cargo, work, or tourism. Now, all of those norms are long gone, and it has left the shipping, logistics, and transportation industry wondering what lies ahead once COVID-19 begins to decline. Industry Logistics Shipping Supply Chain MORE
For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. However, when the demand for passenger travel plummeted in the wake of the COVID-19 pandemic, a dramatic reduction in cargo capacity followed. FCL and LCL expedited ocean shipping. MORE
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Ocean shipping. MORE
The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Ocean Shipping Contracts: 5 Factors to Keep in Mind. Still, if you had ocean freight in 2016, the memory of the bankruptcy of the Hanjin shipping line may linger in your mind. After Hanjin filed for bankruptcy protection and its assets were frozen, giant container ships were stranded; ships from China to the U.S. MORE
What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Incorporating the right air shipping strategy into your multi-modal, global supply chain can help reduce costs and promote efficiency. MORE
The One Place in the Cloud to Run Your Supply Chain is Now the One Place in the Cloud to Manage Your Global Logistics. This brings together the world leader in ocean shipping logistics covering a majority of ocean shipping container capacity, with the global supply chain and logistics network of E2open. With this unification, customers of both companies will realize extensive efficiencies and ease of use across global supply chain and logistics management. MORE
Domestic and international shipping are very different. Managing transportation within the US can be complex and volatile – no one is saying it isn’t difficult – but the details of coordinating the average truckload or LTL shipment don’t compare to the complexities of shipping internationally. Spend 5 minutes trying to figure out how to rate the simplest ocean cargo shipment and you’ll begin to understand why. Ready to simplify your International Shipping? MORE
Global supply chains tie the planet together, providing goods to consumers, jobs to workers, and dividends to shareholders. And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. Proximity to raw materials, increased capacity, and labor costs are just a few of the ways that global supply chains work to save money for today’s top companies. MORE
Transportation managers are spending upward of 80 percent of working hours just looking for available shipping capacity, reports Talking Logistics , reflecting a portion of companies that have not leveraged the power of a TMS. Unfortunately, failure to use a TMS contributes to higher freight spend by limiting shipping capacity and forcing shippers to continue with spot rates among carriers. Digitized freight forwarding, enabling faster, more cost-effective global trade. MORE
Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping. The company represents almost 8% of trans-Pacific trade shipments for the United States market, and now they have stopped accepting new cargo. MORE
Coronavirus Exposes Global Supply Chain Fragility! Air cargo article and permission to publish here provided by Ed at eleven-tenths.com. The unfolding covid-19 pandemic has impacted global supply chains in myriad ways. Among the most dramatic of these has been a seismic shift in the way that we ship goods by air. Why does air transport matter? International travel has been brought to a halt, which has dire implications for the air cargo industry. MORE
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. General average is a throwback to the days when a crew tossed cargo overboard to lighten the ship in a storm. Ship owners have a lien on the ship’s cargo. MORE
It’s no secret the way companies ship their freight has shifted due to COVID-19. Robinson is great at helping customers secure capacity and optimize their global freight across our suite of service offerings as their needs evolve. Prepping for peak shipping season and new tech launches. MORE
Cargo has no controls.” The threat of delays at Zeebruge for freight shipped to and from Britain highlights the broad economic risks of Brexit, not least for the U.K., Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Regulation and Compliance Air Cargo All Logistics Global Gateways Global Logistics Transportation & DistributionBrexit risks putting U.K. MORE
Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. Since documentation and paperwork make up a considerable portion of time lost in transport, shipping on the blockchain will revolutionize the industry and allow you to do more with less. Challenges of Current Shipping Practices. Shippers have a tendency to view shipping as a standalone process, but it is much more than that. MORE
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Ocean shipping. MORE
Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” economy, but also the global one. MORE
International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. It is continually important to be proactive about identifying capacity trends and daily shipping reality. MORE
Cargo Global Shipping Transportation Gravity Supply Chain
MARCH 5, 2020
Learn about the benefits of containerization and how Gravity supply chain solutions’ container tracking feature enables real time visibility of your cargo.
The Logistics & Supply Chain Management Society
NOVEMBER 23, 2020
Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. a) Across the various actors in any single transport chain. a) Real-time Shipping Milestones. What TRAMES Aims to Tackle.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CH Robinson Transportfolio
JUNE 29, 2020
For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. However, when the demand for passenger travel plummeted in the wake of the COVID-19 pandemic, a dramatic reduction in cargo capacity followed. FCL and LCL expedited ocean shipping.
CH Robinson Transportfolio
MARCH 5, 2020
Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future.
Talking Logistics
SEPTEMBER 10, 2015
As increased globalization and mobile workforces continue to create opportunities for international business, it is more important than ever to realize the need for seamless global trade. Of course, international shipping is a complex service with countless moving parts, including regulations, security, capacity and legal considerations – all which can lead to a reliable and cost-effective shipment when tended to properly.
Shipchain
MAY 28, 2020
Seemingly everything has been shaken up by COVID-19, and the shipping, logistics, and transportation industry is no different. All modes of travel were booming, whether it be for cargo, work, or tourism. Now, all of those norms are long gone, and it has left the shipping, logistics, and transportation industry wondering what lies ahead once COVID-19 begins to decline. Industry Logistics Shipping Supply Chain
|
CH Robinson Transportfolio
JULY 19, 2020
Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly.
CH Robinson Transportfolio
JANUARY 20, 2015
What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Incorporating the right air shipping strategy into your multi-modal, global supply chain can help reduce costs and promote efficiency.
Talking Logistics
APRIL 26, 2018
Global supply chains tie the planet together, providing goods to consumers, jobs to workers, and dividends to shareholders. And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. Proximity to raw materials, increased capacity, and labor costs are just a few of the ways that global supply chains work to save money for today’s top companies.
CH Robinson Transportfolio
SEPTEMBER 20, 2018
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. General average is a throwback to the days when a crew tossed cargo overboard to lighten the ship in a storm. Ship owners have a lien on the ship’s cargo.
CH Robinson Transportfolio
DECEMBER 18, 2014
If you’d asked me what I know about global forwarding when I joined the industry two years ago, I would have looked at you quizzically and said, “Global forwarding? I’ve learned to see just how crucial global supply chains are to our everyday lives. Thanks to global forwarding, we can have products from all over the world. Here are just some of the fascinating facts about global forwarding that you can pass along to the people you know.
|
DELMIA Quintiq
MARCH 22, 2015
Massive ships. While container terminal operators certainly feel the pressure, freight forwarders and the shipping lines themselves have a few planning puzzles to sort out on their own. Capacity of container ships handled in 2014. In 2014, 39% of all container ships travelling worldwide had capacities of over 14,000 TEUs and the number of megaships continues to grow. Shipping lines alliances. Decrease in port calls for big ships since 2009. Slow steaming.
Shipchain
FEBRUARY 7, 2019
Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. Since documentation and paperwork make up a considerable portion of time lost in transport, shipping on the blockchain will revolutionize the industry and allow you to do more with less. Challenges of Current Shipping Practices. Shippers have a tendency to view shipping as a standalone process, but it is much more than that.
Supply Chain Brain
MAY 29, 2018
Cargo has no controls.” The threat of delays at Zeebruge for freight shipped to and from Britain highlights the broad economic risks of Brexit, not least for the U.K., Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Regulation and Compliance Air Cargo All Logistics Global Gateways Global Logistics Transportation & DistributionBrexit risks putting U.K.
CH Robinson Transportfolio
SEPTEMBER 21, 2020
It’s no secret the way companies ship their freight has shifted due to COVID-19. Robinson is great at helping customers secure capacity and optimize their global freight across our suite of service offerings as their needs evolve. Prepping for peak shipping season and new tech launches.
ThroughPut
DECEMBER 3, 2019
You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” And considering that our international tariff laws have been more dynamic in the past three years, shipping U.S. Shipping Overseas. Getting a Global Perspective.
Freightos
APRIL 24, 2016
The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. The Shipping Container: Before 1956. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages.
The Logistics of Logistics
SEPTEMBER 15, 2013
Air Cargo Overview. Air transportation is used to transport air cargo by plane and is a crucial component of international logistics networks. Air cargo is especially useful for companies shipping time-sensitive goods or goods over large distances. Air cargo is usually transported using dedicated cargo aircraft (freighters) or passenger aircraft. The Importance of Air Cargo. Modes of Transportation.
E2open
NOVEMBER 27, 2018
The One Place in the Cloud to Run Your Supply Chain is Now the One Place in the Cloud to Manage Your Global Logistics. This brings together the world leader in ocean shipping logistics covering a majority of ocean shipping container capacity, with the global supply chain and logistics network of E2open. With this unification, customers of both companies will realize extensive efficiencies and ease of use across global supply chain and logistics management.
ThroughPut
OCTOBER 28, 2019
Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. Published October 25, 2019 in Global Trade Magazine. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” economy, but also the global one.
Talking Logistics
MAY 16, 2016
Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. Another valid concern about larger vessels is that a ship carrying 18,000 to 19,000 TEUs will need about 100 acres of terminal within the port to carry out efficient operations. By the time an expansion may be completed, it may be operationally obsolete because of even larger ships. Global Trade Management Guest Commentary Guest Commentary - CH Robinson C.H.
CH Robinson Transportfolio
DECEMBER 6, 2018
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Ocean shipping.
CH Robinson Transportfolio
DECEMBER 6, 2018
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Ocean shipping.
Supply Chain Game Changer
MAY 28, 2020
Coronavirus Exposes Global Supply Chain Fragility! Air cargo article and permission to publish here provided by Ed at eleven-tenths.com. The unfolding covid-19 pandemic has impacted global supply chains in myriad ways. Among the most dramatic of these has been a seismic shift in the way that we ship goods by air. Why does air transport matter? International travel has been brought to a halt, which has dire implications for the air cargo industry.
Talking Logistics
MARCH 20, 2018
International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. It is continually important to be proactive about identifying capacity trends and daily shipping reality.
Cerasis
FEBRUARY 4, 2015
However, mobile technology is not new to the transportation world. For mobile technology and transport, the theoretical tipping point is in our rearview mirror. Price points for hardware and communications have fallen, and the reliability and capabilities of mobile technologies for transportation have vastly improved. Mobile Technology in Transportation Management Impacts all Points Along the Supply Chain. The Summary of Mobile Technology in Transportation Management.
Cerasis
OCTOBER 16, 2018
Transportation managers are spending upward of 80 percent of working hours just looking for available shipping capacity, reports Talking Logistics , reflecting a portion of companies that have not leveraged the power of a TMS. Unfortunately, failure to use a TMS contributes to higher freight spend by limiting shipping capacity and forcing shippers to continue with spot rates among carriers. Digitized freight forwarding, enabling faster, more cost-effective global trade.
Cerasis
DECEMBER 11, 2018
It sounds like a shipping nightmare, and in some respects, it is. This will require an LTL and e-commerce focused shipping strategy. Benefits of Combining LTL and E-Commerce Shipping Strategies Omnichannel means the ability to serve customers across any channel and blend all channels to create seamless experiences for customers. Lowered carrying costs through additional shipping models. Expand LTL transportation networks. Omnichannel is “in.”
4WL Consulting
MAY 3, 2016
Domestic and international shipping are very different. Managing transportation within the US can be complex and volatile – no one is saying it isn’t difficult – but the details of coordinating the average truckload or LTL shipment don’t compare to the complexities of shipping internationally. Spend 5 minutes trying to figure out how to rate the simplest ocean cargo shipment and you’ll begin to understand why. Ready to simplify your International Shipping?
CH Robinson Transportfolio
JULY 3, 2018
Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. That’s why you need a global shipping strategy with a comprehensive global vendor management program. What is Global Vendor Management? Global vendor management programs are based on a foundation of purchase order (P.O.) management of global vendors.
The Logistics of Logistics
NOVEMBER 4, 2013
Top Five Air Cargo Carriers. The top five air cargo carriers by weight, according to the IATA , are: Fedex. As the biggest air cargo carrier by weight, Fedex had a revenue of $44.3 To support its air cargo business, Fedex has 634 aircraft and services 375 airports. One thing Fedex is known for is having transported two pandas as part of a global conservation program ( Fedex ). million tons of cargo in the 2012-2013 financial year, earning $2.8
Talking Logistics
APRIL 19, 2018
The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Ocean Shipping Contracts: 5 Factors to Keep in Mind. Still, if you had ocean freight in 2016, the memory of the bankruptcy of the Hanjin shipping line may linger in your mind. After Hanjin filed for bankruptcy protection and its assets were frozen, giant container ships were stranded; ships from China to the U.S.
Talking Logistics
FEBRUARY 11, 2016
The Regulation’s Impact on Ocean Shipping and Data Management. The revised Safety of Life at Sea (SOLAS) container weight verification requirement is a significant change in the ocean cargo supply chain. In regard to rolling out the regulation in practice, multiple considerations remain depending on the type of cargo and other factors. A typical ocean cargo dataflow includes the shipper, carrier, terminal and the vessel.
CH Robinson Transportfolio
APRIL 25, 2016
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility? Cargo consolidation is a strategic option for many shippers—especially those with a lean supply chain or in a just in time environment.
3PL Insights
SEPTEMBER 12, 2016
Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping. The company represents almost 8% of trans-Pacific trade shipments for the United States market, and now they have stopped accepting new cargo.
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