(Erica E. Phillips – Wall Street Journal)
Hanjin Shipping Co. said it would accept empty containers at two of its West Coast port terminals, offering relief to logistics companies stuck with thousands of boxes delivered by the bankrupt shipping line.
Since Hanjin filed for bankruptcy six weeks ago, thousands of its containers—unloaded from ships and emptied of their imported goods—have been cluttering warehouse yards and parking lots up and down the West Coast. Nearly 10,000 of those boxes were attached to wheeled trailers known as chassis that are needed by truckers to move other companies’ goods off the docks.
In U.S. Bankruptcy Court in New Jersey on Friday, Judge John Sherwood ordered Hanjin to provide information including all documents related to the location of the containers that are being abandoned in the U.S. Click here to read more.