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Hanjin Bankruptcy Tip of the Iceberg for Flailing Shippers

LOS ANGELES — For the past five years, top shipping companies pushed forward with fat investments in more and bigger vessels, even as signs of trouble piled up.

September 21, 2016

Experts Paint Grim Picture for Intermodal Growth

HOUSTON — Intermodal businesses that have become accustomed to steady long-term growth are facing the prospect of tougher times ahead in the form of a likely recession and changing freight patterns, three industry experts said Sept. 19.

September 19, 2016

Forward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market

Forward Air Corp. lowered its third-quarter earnings projections, no longer confident that it’ll generate more revenue than the same period in 2015, the company announced on Sept. 20.

September 20, 2016

US Commerce Department Urged to Resolve Hanjin Shipping Crisis

The National Retail Federation and other U.S. trade groups are urging the Commerce Department to work with the South Korean government to resolve the Hanjin Shipping Co. crisis, which stranded an estimated $14 billion of goods at sea.

September 20, 2016

Port of New Orleans Begins Clean Truck Plan

The Port of New Orleans said it’s begun a Clean Truck Replacement Program that will allow 20 drayage truckers to replace their older Class 8 trucks with newer models.

September 19, 2016

Hanjin Cuts Fleet as Court Advises Return of Chartered Ships

Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court advisory to return all chartered vessels to cut costs while the company is in the midst of reducing its fleet.

September 19, 2016

Fleets Fret Over Claims on Bad Hanjin Cargo

As Hanjin Shipping vessels finally arrive in the United States, some motor carriers are reluctant or refusing to accept cargo that might have been damaged because it could expose them to liability claims.

September 19, 2016

Hanjin’s Stranded Cargo Begins to Flow at US Ports

Cargo stranded by the Hanjin Shipping bankruptcy slowly began to flow through U.S. ports last week, offering the first small signs of relief for truckers and their customers.

September 19, 2016

New Freight Forward Network Forms to Take on Multinationals

A new industry group called the Globalia Logistics Network has been formed to align independent freight forwarders to compete with large multinational logistics providers.

September 16, 2016

Hanjin Cargo Owners Say Bid to Unload Vessels Isn’t Working

Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the United States while it goes through bankruptcy in South Korea are meeting with complaints from cargo owners and from the companies that service and equip its fleet.

September 16, 2016