Manufacturers, suppliers and buyers across all industries rely on container shipping services for importing and exporting their freight. With more than 34 million standard containers available across the globe, it’s no surprise that ports handled over 687 million twenty-foot equivalent units (TEU) in 2015 alone. Let’s take a look at the busiest world ports and how they impact your supply chain.
Have you been notified that your ocean shipment is delayed? If so, it’s quite possible that it’s sailing on a Hanjin ship. Hanjin Shipping Co. Ltd, the world’s seventh-largest container carrier, filed a court proceeding in Korea seeking to be placed into receivership on August 31, resulting in $14 billion in stranded cargo around the world, according to various media reports. The company’s vessels have been seized at ports or stranded at sea because of an inability to pay required fees.
Often, customers are so pleased with the way the ArcBest companies solve a transportation problem for them that they look to the ArcBest team to solve additional challenges.