US Commerce Department urged to resolve Hanjin Shipping crisis

US-based trade groups call on the US Commerce Department to cooperate with South Korea to resolve the crisis caused by the collapse of Hanjin Shipping.
Photo: Reed Saxon/AP/POLFOTO
Photo: Reed Saxon/AP/POLFOTO
BY NICK TURNER, BLOOMBERG

The National Retail Federation and other U.S. trade groups are urging the Commerce Department to work with the South Korean government to resolve the Hanjin Shipping Co. crisis, which stranded an estimated USD 14 billion of goods at sea.

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