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The Near Collapse Of A Major Shipping Company Could Have 'Substantial Impact' On Consumers, Retailers
Friday, September 2, 2016 - 8:47am | 392South Korea-based Hanjin Shipping Co is one of the largest container shipping companies, and it may be on the verge of bankruptcy. According to Reuters, Hanjin lost the support of banks after a funding plan submitted by its parent group was not sufficient to address its nearly $5 billion debt load...