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FMC's Cordero Urges Industry Cooperation to Fix Container, Chassis Issues From Hanjin Bankruptcy

Cooperation and collaboration across the supply chain is needed to resolve operational and equipment issues that have arisen from the Hanjin Shipping bankruptcy, Federal Maritime Commission Chairman Mario Cordero said in a news release (here). While Hanjin’s bankruptcy won’t disrupt…

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the supply chain long-term, it has created immediate issues related to empty containers and the availability of chassis, he said. "The men and women who work in the shipping business are individuals who are pragmatic, creative, and problem solvers. I know that business and port leaders are already working to find a place to put empty Hanjin containers which will in turn free chassis to return to service," Cordero said. “Cordero would like all those interested in maintaining productivity at the nation’s seaports, especially those gateways most impacted by the Hanjin bankruptcy, to consider what business and operational steps can be taken to alleviate any potential challenge to port productivity levels,” the news release said.