This is more of an alert than a blog post, please check with your freight forwarder / customs broker to see if your shipments are affected. More via CNBC.
Hanjin is a cargo ship owner that carries shipping containers all over the world. They declared bankruptcy and now their ships are being seized by creditors. Even worse, some ships are not being allowed into port, stranding goods at sea.
We have some connections if you need a new freight forwarder / customs broker.