Hanjin Shipping Starts Unloading as U.S. Exporters Scramble for Space Foundering shipping line expects more long-stranded vessels in California while cargo terminal closes door on outbound containers By: ERICA E. PHILLIPS TWSJ As bankrupt Hanjin Shipping Co. unwinds its cargo operations, with the first of its stranded U.S.-bound vessels off-loading containers in Long Beach on Monday,
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By: Greg Bensinger 1/29/16 Amazon.com Inc.’sAMZN -3.51% biggest quarterly profit and Wall Street’s swift punishment for missing expectations overshadowed a trend that is worth keeping an eye on. Shipping expenses rose again in the fourth quarter, and by a wider margin than many analysts expected. Overall shipping costs during the holiday quarter jumped 37% to $4.17 billion,
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Large retailers are still working through inventories built up in the first half of the year, which economists say could limit shipping ahead of the holidays. By: PAUL PAGE Updated Sept. 25, 2015 4:06 p.m. ET Some major retailers say they still are trying to pare down inventories from big buildups earlier this year, potentially
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By Emma DumainPosted at 12:32 p.m. on June 18 Updated 3:22 p.m. | The House narrowly passed Trade Promotion Authority Thursday — the first step of many to resurrect President Barack Obama’s trade agenda after his own party torpedoed a combined bill last week. The chamber voted 218-208 on TPA, which will give him the latitude to
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Some companies are shifting production to domestic sites, but controlling costs takes some work By: TARUN SHUKLA June 2, 2015 11:36 p.m. ET Coming home isn’t easy. Ranir LLC learned that lesson all too well. The company, based in Grand Rapids, Mich., has long used factories overseas to make many of the dental-care products it
Read more →by James Nash & Matthew Winkler Next year, deckhands on ships docked at Middle Harbor on California’s San Pedro Bay won’t see many people on the wharf. Remote-controlled cranes towering 165 feet overhead will pluck containers from vessels’ holds, and driverless trucks guided by magnets embedded in the asphalt will carry cargo to robotic hoists in a sorting
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