In August of this year, South Korean firm Hanjin Shipping Co. filed bankruptcy and briefly threw the global shipping and logistics industry into a state of panic. Since the initial shock has worn off, industry partners such as Hyundai have stepped in to pick up the slack, but the saga of the Hanjin Shipping bankruptcy… Read more »
Tag: Hanjin Shipping Co.
One of the weaknesses of today’s vast, interconnected shipping economy is that when one component fails, it can have a ripple effect on the industry that stretches thousands of miles around the globe. Such is the case in the recent bankruptcy of the South Korean firm Hanjin Shipping Co. After spending years putting pressure on… Read more »