By Ed Zwirn
The bankruptcy of South Korea's Hanjin Shipping Company, the world's seventh-largest shipper, has exposed weaknesses in the global shipping industry, apparel industry executives have warned.
The collapse could signal future higher shipping prices for importers of goods from the Far East, added speakers at this week's Apparel Importers Trade & Transportation Conference, organised by the United States Fashion Industry Association (USFIA) in New York City.
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