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To: Bryan24

Other shipping companies will immediately pick up that business.
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Seems like the article is talking more about retailers with holiday merchandise now stuck in limbo on the freighters.

Not enough time to get new stuff made and shipped by November. So what happens to their holiday sales season with no merchandise to sell?


26 posted on 09/06/2016 12:22:33 AM PDT by chaosagent (Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
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To: chaosagent

Seems to me the bankruptcy trustee will own whatever the bankrupt entity owns, i.e., the shipping contracts.

Trustee to purchasers: Come get your stuff. What’s it worth for me to ship it?

Trustee to ship owners: Come get your ships. You’ll have to off-load them. What’s it worth to you for me to fulfill the shipping contract and return an empty ship to you?


28 posted on 09/06/2016 4:55:55 AM PDT by Larry Lucido
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