Supply Chain Research

Pacific International Lines may have had one of its container shipping vessels detained in relation to unpaid bunker fuel bills, according to press reports. The container logistics sector has not faced financial stress for a shipping firm since the failure of Hanjin Shipping in late 2016. Like most of the industry, PIL has seen a downturn in its Transpacific business recently with U.S.-seaborne inbound shipments down by 11.7% year over year in 4Q led by a 20.3% slump in shipments from China. Leading users of PIL’s service on U.S.-inbound routes in 2019 include shipments associated with D...