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Re: redsky7 post# 16332

Thursday, 09/01/2016 4:43:58 PM

Thursday, September 01, 2016 4:43:58 PM

Post# of 29042
Just saw similar article on the LA Times. (see link below)

Apparently Hanjin had 70 container vessels and the ports are concerned that they will not get paid so Hanjin customers are searching for alternative shippers. I am hearing unconfirmed reports that this event has caused shipping rates to jump overnight.

http://www.latimes.com/business/la-fi-hanjin-bankruptcy-20160901-snap-story.html