About 15,000 containers from the bankrupt, family-controlled Hanjin Shipping Co.’s vessels are piling up at the Ports of Los Angeles and Long Beach,
a
Wall Street Journal
report said.
Many of the containers are still attached to chassis, the wheeled trailers used to get them off the docks. Chassis “are vital to port operations, and putting thousands out of commission can delay the container deliveries for all shipping companies — not just Hanjin,” the article said.
Mark Hirzel, a manager with freight broker A.N. Deringer Inc., told the
Journal
that the situation will add costs “that will negatively impact the profitability of Christmas.” (Source:
Wall Street Journal
, Oct. 7, 2016.)
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