A last minute air shipment of sheet metal, glass, and steering components saved Ford Australia from closing its factories as the Hanjin Milano freighter waited offshore with Ford’s cargo, to avoid creditors, snarling the car manufacturer’s supply chain.
News of the modal shift to air freight is noteworthy in part because of the lack of similar stories. Unlike the longshoreman’s strike at US ports in 2015 that saw a surge in demand for air cargo, the Hanjin bankruptcy has failed to trigger any...
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