Expo Freight working to settle non-payment issues with Debenhams suppliers
A forwarder for the UK’s now-defunct Debenhams chain said it was working closely with Bangladeshi ...
If you’d like to understand the psychology behind the Hanjin bankruptcy, here’s a great primer from the wonderfully entertaining British economist Tim Harford, whose book, The Undercover Economist, ought to be on the school syllabus. Basically, he claims, Hanjin’s executive management were masters of kakanomics – the economics of rottenness – where “people not only supply shoddy work and expect shoddy work in return, they actually prefer to receive shoddy work”.
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