“If it’s not fixed in the next couple of weeks, I think you’ll see a huge ripple effect across the industry,” said Weston LaBar, executive director for the Harbor Trucking Association in Long Beach, California. The bankruptcy of South Korea's Hanjin Shipping's continues to have a ripple effect on importers trying to bring goods from Asian factories to the US , as it has resulted in a shortage of trailers to move ocean-shipping containers onto US roads, warns Reuters . Hanjin Shipping's 880 stranded containers are clogging up ports and truck yards, thereby tying up trailers. “If it’s not fixed in the next couple of weeks , I think you’ll see a huge ripple effect across the industry,” warned Reuters in California . For example, Kroger , the grocery chain, said it had 500,000 containers tied up with Hanjin Shipping , and it did not expect to be able to return the containers once the products are received, meaning added costs and issues for the company.
The bankruptcy of South Korea's Hanjin Shipping's continues to have a ripple effect on importers trying to bring goods from Asian factories to the US , as it has resulted in a shortage of trailers to move ocean-shipping containers onto US roads, warns Reuters . Hanjin Shipping's 880 stranded containers are clogging up ports and truck yards, thereby tying up trailers. “If it’s not fixed in the next couple of weeks , I think you’ll see a huge ripple effect across the industry,” warned Reuters in California . For example, Kroger , the grocery chain, said it had 500,000 containers tied up with Hanjin Shipping , and it did not expect to be able to return the containers once the products are received, meaning added costs and issues for the company.