Executive Briefings

Hanjin Failure Leaves Thousands of Containers, Chassis Stranded at L.A., Long Beach Ports

The Hanjin bankruptcy has created a shortage of chassis in Southern California at the busiest time of year for many shippers and their truckers.

Hanjin Failure Leaves Thousands of Containers, Chassis Stranded at L.A., Long Beach Ports

Thousands of chassis in and around the ports of Los Angeles and Long Beach -- the two largest container ports in the U.S. -- have containers mounted on them that are either owned by Hanjin or leased by the Korean carrier. In many cases, shippers or truckers are having trouble returning those containers to terminals or container yards, so the chassis are not available for use.

“The chassis situation is still what I would call critical,” said Weston LaBar, executive director of the Harbor Trucking Association, which represents drayage companies in Southern California.

He estimates at least 10,000 chassis out of a little more than 100,000 chassis in the region cannot be used because they have Hanjin containers sitting on them.

“Other ports are talking about hundreds, here it is thousands,” he noted.

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Thousands of chassis in and around the ports of Los Angeles and Long Beach -- the two largest container ports in the U.S. -- have containers mounted on them that are either owned by Hanjin or leased by the Korean carrier. In many cases, shippers or truckers are having trouble returning those containers to terminals or container yards, so the chassis are not available for use.

“The chassis situation is still what I would call critical,” said Weston LaBar, executive director of the Harbor Trucking Association, which represents drayage companies in Southern California.

He estimates at least 10,000 chassis out of a little more than 100,000 chassis in the region cannot be used because they have Hanjin containers sitting on them.

“Other ports are talking about hundreds, here it is thousands,” he noted.

Read Full Article

Hanjin Failure Leaves Thousands of Containers, Chassis Stranded at L.A., Long Beach Ports