The aftermath of the Hanjin bankruptcy hasn’t been pretty. The financial state of that company is reflective of the challenges many ocean lines are grappling with today. In the face of financial uncertainty, fear is something easily ignited and rumors only fan the...
Two months ago lenders withdrew support for Hanjin Shipping Company, South Korea’s largest shipping firm, forcing it to file for bankruptcy and disrupting supply chains on a global scale. Roughly 89 ships carrying goods valued at over $14 billion were left stranded at...
Jessica Mansell has been part of our team since June 2015. A Fort Wayne native, she attended college at ITT Tech to study visual communications. For three years, she lived and worked in Bloomington as a graphic designer, then moved on to a job at a phone-support...
Recently, Hanjin Shipping Co. has filed for chapter 15 bankruptcy with the US Bankruptcy Court as well as the equivalent of chapter 11 in South Korea. This filing came following 13 ships, that were either leased or owned by Hanjin, being seized by creditors or turned...
Staying sustainable is one of the highest priorities of most businesses. As an organization, you must be able to sustain your growth and success. More commonly, sustainability has often been referred to in the environmental sense, where sustainable refers to reducing...
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