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Hanjin Shipping Upsets Global Trade After Seeking Protection From Creditors

Following a filing for bankruptcy of South Korea’s Hanjin Shipping Co., U.S. shippers are bracing for steep rate increases on routes to and from Asia. “Hanjin accounts for 3.1% of global container capacity, according to maritime data provider Alphaliner.” Going into the holiday season, how will this be an impact to us?   Read[…]

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