Tag: Hanjin bankruptcy

October 20, 2016

Bankrupt South Korean shipping giant Hanjin said Oct. 20 it plans to lay off 400 workers — more than half of its land-based staff — as it attempts to right its corporate ship. The layoffs were announced on top of […]

September 16, 2016

The bankruptcy of Korean ocean liner Hanjin Shipping Co. is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move containers on U.S. roads. The world’s seventh-largest container carrier […]