By Lyndsay McGregor

The global shipping industry is in shambles and it’s clear the effects of Hanjin’s ruin are not going away anytime soon.

“Everybody in this industry, not just carriers and shippers, should take the Hanjin situation as a wakeup call,” stressed Brian Conrad, executive administrator of the Transpacific Stabilization Agreement, speaking in New York City on a panel titled “Are There Lessons Vessel-Sharing Partners Can Learn from the Hanjin Meltdown?” at the 28th Apparel Importers Trade and Transportation Conference, organized by the United States Fashion Industry Association (USFIA) and the American Import Shippers Association (AISA).

Click here to read the entire article on the Sourcing Journal website.