South Korea’s largest container operator, Hanjin Shipping Co. filed for bankruptcy protection on Wednesday. The filing was one day after the company’s creditors decided to discontinue financial assistance of more than $896 million. The courts will decide whether Hanjin will be able to survive after restructuring, or if the company will be liquidated. Hanjin is […]
The Hanjin Shipping bankruptcy continues to have worldwide impacts with legal battles over cost and equipment liabilities related to the bankruptcy playing out in the courts. But there is a glimmer of good news on the horizon. Hanjin filed for court protection in August 2016 after its creditors, led by Korea Development Bank (KDB), decided […]
The logistics industry in the United States relies on an intricate system of roads, rails, bridges and airports in order to move goods throughout our large nation. This expansive web our transportation infrastructure requires constant upkeep and maintenance to keep it function in a safe and effective manner. However, through policies and allocation of funds […]
According to the business directory definition, a freight forwarder is a firm that specializes in organizing and arranging storage and shipping of merchandise on behalf of its shipper. For companies who rely on shipping for inventory and to transport their products to end customers, finding a freight forwarder is an extremely important part for your […]
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PNG Logistics is a full service Third Party Logistics (3PL) company that has helped hundreds of clients to lower their freight costs and increase shipping efficiencies. Our service is highly personalized and every shipment we handle is managed by an experienced logistics expert with our clients' best interest in mind.
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