LOS ANGELES – In the latest story demonstrating the fragility of the world’s supply line, around $14 billion worth of cargo remains stuck at sea on 72 ships, one week after a South Korean company filed for bankruptcy. The cargo ...
Read More »Trending Topics: hanjin
America’s Supply Chain ‘Is Unraveling’ – Ships Stuck At Sea As Major Carrier Files For Bankruptcy
The bankruptcy of just one company is disrupting world trade and the supply chain that serves US retailers. The Hanjin Shipping Company of South Korea, a major carrier of cargo containers, filed for bankruptcy Wednesday. That left three giant ...
Read More »