Shipping can and must prevent another bankruptcy, says FMC chief Doyle

The entire shipping industry – carriers and their customers and suppliers – need to come together to ensure that the supply chain disruption caused by the Hanjin bankruptcy never happens again, said Federal Maritime Commissioner William Doyle this week. “This [the response to Hanjin’s bankruptcy] could have been done differently; things now…

US Commissioner Calls for Carrier Alliance Safeguards

US Federal Maritime Commissioner William Doyle wants carrier alliances to “work in the direction of providing safeguards” to ensure cargo is delivered in the case of another bankruptcy like Hanjin Shipping. Addressing an audience at the 2017 TPM Conference, Doyle said things could have been "done differently" after Hanjin presented bankruptcy…