Chassis provider released from Hanjin contract but retroactive insurance waived
NEWARK, Jersey — A federal judge on Tuesday allowed Flexi-Van Leasing to terminate the leases on 3,500 of its trailers assigned to Hanjin Shipping, after the chassis company expressed concerns that the troubled carrier didn’t have insurance coverage for them.
Yet Judge John K. Sherwood, in US District Bankruptcy Court in…
Chassis provider released from Hanjin contract but retroactive insurance waived
Journal of Commerce