Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

The bankruptcy of Hanjin Shipping triggered massive claims of $800 million, revealing the fragility of the global supply chain. Terminal operators, shippers, and others suffered losses, leading to increased shipping prices and even impacting commercial real estate. This event serves as a warning for businesses to strengthen risk management and build more resilient, diversified supply chain systems. The industry also needs enhanced regulation to mitigate future disruptions and ensure stability in the face of potential shipping company failures.

01/19/2026 Logistics Industry Insights
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Hanjin Bankruptcy Reshapes Global Shipping Industry

Hanjin Bankruptcy Reshapes Global Shipping Industry

Korean Line's acquisition of some Hanjin Shipping assets aims to alleviate its massive debt crisis, but retailers' claims further exacerbate the risks. Hanjin's bankruptcy exposed structural problems in the shipping industry and serves as a warning for businesses to prioritize risk management and supply chain security. The industry faces a reshuffle and value chain reconstruction, with future competition becoming more intense. This event highlights the importance of financial stability and robust risk assessment in the global shipping sector.

01/19/2026 Logistics Industry Insights
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Supplier Collaboration Enhances Global Freight Efficiency

Supplier Collaboration Enhances Global Freight Efficiency

This paper explores the role of supplier collaboration in global supply chains, using Leggett & Platt as a case study. It highlights the importance of Global Trade Management (GTM) solutions and four key elements in building a resilient and efficient supply chain. By focusing on effective supplier collaboration and leveraging GTM, companies can enhance their ability to navigate global trade complexities and improve overall supply chain resilience, ensuring business continuity and competitiveness in a dynamic global market.

01/19/2026 Logistics Industry Insights
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SEKO Logistics Adapts Supply Chains for VUCA Challenges

SEKO Logistics Adapts Supply Chains for VUCA Challenges

A SEKO Logistics executive discusses the supply chain challenges in the VUCA era, emphasizing that data-driven approaches, technological innovation, flexible networks, and talent development are crucial for enhancing resilience. The executive highlights the need for adaptability and proactive strategies to navigate the volatility, uncertainty, complexity, and ambiguity that characterize the current global landscape. Building a robust and responsive supply chain requires embracing new technologies and fostering a skilled workforce capable of anticipating and mitigating disruptions.

01/20/2026 Logistics Industry Insights
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Collaboration Eases Logistics Bottlenecks in Supply Chains

Collaboration Eases Logistics Bottlenecks in Supply Chains

Recent research indicates that solely focusing on reducing transportation costs is no longer sustainable. Companies should shift their approach and build long-term, mutually beneficial relationships with partners. By jointly developing strategies and optimizing processes, businesses can achieve supply chain efficiency improvements and value creation, ultimately gaining a competitive edge in the market. This collaborative approach is key to unlocking further potential within the supply chain and adapting to evolving market demands, moving beyond simple cost-cutting measures.

01/20/2026 Logistics Industry Insights
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Aipowered Supply Chains Boost Postpandemic Resilience

Aipowered Supply Chains Boost Postpandemic Resilience

The pandemic has accelerated the adoption of Automatic Identification and Data Capture (AIDC) technologies in supply chains. This paper provides an in-depth analysis of AIDC market trends, key technologies, and application scenarios. It explores how to select appropriate AIDC solutions to help companies address supply chain challenges and seize growth opportunities. The paper emphasizes the role of AIDC in enabling digital transformation within the supply chain, improving efficiency, visibility, and resilience in a rapidly evolving business environment.

01/20/2026 Logistics Industry Insights
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Fresh Food Ecommerce Tackles Raccoon Threats to Boost Deliveries

Fresh Food Ecommerce Tackles Raccoon Threats to Boost Deliveries

The "last mile" delivery in fresh produce e-commerce is a critical challenge. Companies need to innovate, such as using insulated boxes, to address temperature and safety issues and enhance brand loyalty. Building a proprietary logistics network and outsourcing both have advantages and disadvantages, requiring careful selection. The pandemic has boosted the development of fresh produce e-commerce, and the future is promising, but continuous improvement in service quality is essential. This includes optimizing delivery times and ensuring product freshness upon arrival.

01/19/2026 Logistics Industry Insights
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Direct Vs House Air Waybills Key Choices for Air Freight

Direct Vs House Air Waybills Key Choices for Air Freight

This article provides a detailed interpretation of the concepts, differences, and applicable scenarios of Direct Air Waybill (Direct AWB) and House Air Waybill (House AWB) in international air transport. A Direct AWB is issued by the airline, directly connecting the actual consignor and consignee. A House AWB is issued by the freight forwarder, involving a master air waybill and house air waybill, and is often used in scenarios where freight forwarders need to provide customs clearance and other services. The choice of which document to use depends on factors such as the consignee's customs clearance capabilities, service requirements, cost, information security, and transportation time.

09/26/2025 Logistics Encyclopedia
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Iskenderun Port Recovery Shapes Global Trade Outlook

Iskenderun Port Recovery Shapes Global Trade Outlook

The Port of Iskenderun is closed due to the disaster, with an uncertain reopening timeline, significantly impacting global trade. Businesses are advised to closely monitor port updates, explore alternative solutions, and strengthen supply chain coordination. The port authorities have pledged to release a recovery timetable as soon as possible. We will continue to monitor the situation and provide information support. The closure is causing significant supply chain disruptions and hindering post-disaster recovery efforts in the affected region. Contingency planning is crucial.

09/28/2025 Logistics
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