This is interesting...

[emdsd90mac]

http://www.joc.com/special-topics/hanji ... bankruptcy

[buzz456]

I have been following this for a couple of months now. Kinda enjoying one of my customers agonies after they screwed us over and took some stuff across the big pond. Recently they re shored some of it partially due to this mess. Time will tell if they got religion. This is one of the reasons container rail shipments have been down.

[emdsd90mac]

Being such a large entity in this business I can see why. Imagine what trying to play catch up is going to be like for the railroads and such.

[ZekTheKid]

So these boxes are leaving the rails?

[buzz456]

So these boxes are leaving the rails?

What are you talking about? Containers ship from overseas. Containers arrive at port. Containers get loaded onto rail cars. Railroads carry them to interior destinations.

Container shipping company goes bankrupt. Ports refuse to unload ships because they might not get paid. No containers for railroads to haul.

[ZekTheKid]

No containers for railroads to haul.

That's what I meant.

[BoostedFridge]

Blue cans get parked, more cans of other colors get shipped.

[buzz456]

So these boxes are leaving the rails?

Well young padawan they aren't leaving the rails. They aren't getting to the rails. "Words have meanings."

[GERUNIMO625]

Glad to see the Korean woman who inherited the business from her dead husband, and in turn embezzled large portions of the companies money, then promptly retired will be doing prison time! She put ALOT of folks out of work just to line her own coat. But that is how the world works I suppose.

Hope everyone has a good weekend!
-Jerry