Update on Hanjin Bankruptcy – September 19, 2016

 In Industry Insider, Trans-Border Global Freight Systems, Inc.

Dear Valued Partners & Clients,

Sept 19, 2016 – We would like to update the trading community with the latest status of Hanjin’s vessels.

We should also stress that while there is legitimate concern about unforeseen increases in costs, which at this stage, has not been determined by the parties involved, we highly recommend that any financial concerns should be relayed to the cargo owners insurance company to discuss possible options moving forward.

Trans-Border will continue to monitor the situation and will relay all updates as they happen.

Should you have any questions, please contact one of the below listed managers via email or by calling 800-493-9444 who will be able to assist accordingly.

Allison Burak – Customer Service & Project Manager
Yateen Patel – Export Compliance & Project Manager