Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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US Ports Seek Infrastructure Upgrades to Ease Supply Chain Delays

US Ports Seek Infrastructure Upgrades to Ease Supply Chain Delays

The escalating port congestion in the United States is deeply analyzed by AAPA Chairman Chris Connor, who identifies surging imports, efficiency bottlenecks, and container shortages as key contributing factors. He highlights the potential benefits of the 'America Jobs Act' for port infrastructure and emphasizes the supply chain resilience lessons learned from the pandemic. Facing the upcoming 'peak season,' Connor urges embracing change and collaborative efforts to address the challenges and promote the healthy development of global trade. The situation requires innovative solutions and proactive measures to mitigate further disruptions.

01/28/2026 Logistics Industry Insights
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Amazon Fedex Renew Partnership in Strategic Move

Amazon Fedex Renew Partnership in Strategic Move

Recently, Amazon and FedEx have resumed their partnership, expected to drive growth for both in the e-commerce market. The new agreement will provide residential delivery for large packages, which is anticipated to enhance Amazon's delivery capabilities while generating revenue growth for FedEx.

08/07/2025 Logistics
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Norways Krone Hits New Low Against US Dollar

Norways Krone Hits New Low Against US Dollar

This article presents information on how to convert 100 Norwegian Krone to US dollars, offering a convenient exchange rate conversion tool and highlighting the advantages of large remittances. It aims to assist readers in achieving smooth currency conversions and transferring funds effectively.

09/12/2025 Exchange Rate Query
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