Hanjin bankruptcy having 'seismic' effect

Hanjin bankruptcy having 'seismic' effect

By KRISSA WELSHANS

SOUTH Korea-based Hanjin Shipping, a major transporter of goods from the U.S. West Coast to Asia and the world's seventh-largest container carrier, filed for bankruptcy Aug. 31, stranding cargo at ports and on the seas and prompting U.S. exporters and importers to look for other shipping companies.

After initially rejecting a request for a spending package to help deliver container cargo stuck on ba

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