NEWS\\\


Delta, Korean Air create Trans-Pacific JV


Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture that


will offer


an enhanced and expanded network, industry-leading products and service, and a seamless customer experience between the US and Asia. The agreement, signed June 23, deepens their historic partnership, which spans nearly two decades. “Together, Delta and


Korean Air are building a world-class partnership that will offer more destinations, outstanding airport facilities and an unmatched customer experience on the trans-Pacific,” said Ed Bastian, Delta’s CEO. “By combining the strengths of our two companies, we are building a stronger airline for our employees, customers and


investors.” “Now is the right time for this


JV. The synergies we’re creating will build stronger and more sustainable companies, and this is good for travelers, our companies and our countries,”


partnership between Delta and Korean Air, which began in 2000 when both carriers became co-founders of the SkyTeam global airline alliance. This agreement follows the airlines’ signing of a memorandum


a combined network serving more than 290 destinations in the Americas and more than 80 in Asia, providing customers of both airlines with more travel choices than ever before. The JV will augment the two airlines’ capabilities in the trans- Pacific market and provide the necessary scale and scope to compete in this market. Delta and Korean Air


will lay the groundwork for implementing all aspects of the joint venture, subject to regulatory approvals, including increased belly cargo cooperation across the trans- Pacific.


In anticipation of the


said Korean Air Chairman, Y.H. Cho. The agreement is the latest expansion of the longstanding


of understanding in March announcing the intention to form a joint venture. The joint venture will create


CMA CGM, Seatrade launch unique cooperation


The CMA CGM Group and Seatrade Group have announced a cooperation that is leading to new vessel sharing agreement that incorporates the services known by CMA CGM as PAD and by Seatrade as MERIDIAN. This unique service will link Northern Europe, the US East Coast, Central America, the Pacific Islands, Australia, New Zealand, Peru and the Caribbean on a weekly basis.


This new service brings


together CMA CGM, SEATRADE and MARFRET and improves their frequency and port coverage. The weekly service rotation


is: Zeebrugge, London Gateway, Rotterdam, Dunkerque, Le Havre, New York, Savannah, Kingston, Cartagena, Papeete, Noumea, Brisbane, Sydney, Melbourne, Nelson, Napier, Tauranga, Pisco, Paita, Kingston, Philadelphia, and


Zeebrugge. This new line will be the only


one in the market to offer such coverage on a weekly basis.


It


will provide a direct and weekly service to Papeete and Noumea from Northern Europe and the US East Coast, provide the only fast, direct, dedicated reefer service from New Zealand to the US and Europe, improve the supply of transport between Australia and


New SM Line looks to expand Newly formed South Korean


ocean carrier SM Line is launching China Pacific Express, its weekly service between China, Korea and the US. It made its debut at the Port of Long Beach in late April. Its initial fleet of five 6,500-TEU


vessels will connect Long Beach to ports in Busan, South Korea, and Shanghai and Ningbo in China. The company’s SM Long Beach, the first ship in its service, arrived at the Port of Long Beach’s Pier A on April 30. “The Port of Long Beach


welcomes SM Line with open arms,” said Dr. Noel Hacegaba, managing director of Commercial Operations and CCO at the Port of Long Beach. “We are pleased that


the newest entrant to the trans- Pacific has chosen to call Pier A.” To some industry observers,


SM Line is the phoenix emerging from the ashes of the world’s seventh-largest ocean carrier, Hanjin Shipping, the fallen South Korean company whose collapse last August stranded an estimated $14 billion worth of goods around the world. Founded in 1996, Seoul-based


construction and manufacturing services firm Samra Midas Group – which also owns bulk operator Korea Line and has a majority stake in Samsun Logix – formally created SM Line in December to buy Hanjin’s assets, including its equipment, workforce and Pacific


and Asian routes. SM Line, helmed by Korea


Line president Kim Chil-bong, reportedly wants to grow a fleet of 110,000 container slots by next year, which would place the upstart carrier among the world’s 20 biggest global carrier firms. The company is also interested


in expanding its service between Asia and US East Coast ports and possibly acquiring shipbuilder STX. SM Line wants to rebuild the


industry’s trust in Korean shipping, SM Line President Kim said. “It would take a long time for


the Korean shipping industry to recover as more overseas shipowners than we think have


joint venture, Delta recently launched new nonstop service between Atlanta and Seoul. Korean Air also will continue to expand its US - Korea network in summer 2017 with the introduction of a third roundtrip flight between Los Angeles and Seoul, as well as a second flight between San Francisco and Seoul.


the US; offer stops in Peru that will include a very short transit time to supply fruits to the United States and Europe. Thirteen modern geared


ships with a nominal capacity between 2200 and 2500 TEUs will be deployed on this new line (6 CMA CGM, 6 SEATRADE and 1 MARFRET). Each will have minimum 600 reefers on board necessary to transport refrigerated goods such as fruits or meat. The launch of the service is


scheduled in October 2017, subject to validation by the competent authorities.


turned their back on the nation’s shippers aſter the Hanjin Shipping collapse,” he told Maeil Business News Korea affiliate Pulse News in March. For the Port of Long Beach, SM


Line will be a welcomed visitor to Pier A. “SM Line has aggressive plans


to grow market share in the trans- Pacific,” Hacegaba said. “This will bode well for Pier A, which has a track record of reliability, speed and efficiency.” The 200-acre Pier A container


terminal is located in the Port’s Inner Harbor, equipped with 10 gantry cranes and an on-dock rail yard. Operated by SSA Marine, the facility was opened in 1997 and served as the second of Hanjin’s three Long Beach terminals.


Issue 6 2017 - FBJNA


3


News Roundup Forwarding & Logistics


Deutsche Post DHL Group has entered into a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to- growth stage technology startups. Paragon Software Systems has enhanced its route optimization software to help transport planners simplify the process of managing multi-skilled driver teams. The new functionality will allow accredited drivers to be considered for standard deliveries if spare capacity exists towards the end of the planning process. Fourkites has launched the industry’s first real-time temperature and location tracking solution for shippers. The offering will allow FourKites’ customers to monitor shipment temperatures and ensure compliance across their supply chains. FourKites also announced a formal partnership with HaulFox, a cloud-based Transportation Management Solution (TMS). The partnership fuses FourKites’ preeminent real-time freight visibility platform with HaulFox’s software.


Kerry Logistics Network Limited has entered into a joint venture through participating in the equity of Globalink Logistics DWC LLC, a freight forwarding group headquartered in Dubai with operations in the CIS.


Wen-Parker Logistics (WPL) has opened its first corporate headquarters in Elmont, NY. The new office is the 3rd key strategic location opening for Wen-Parker in the last year.


Henk Venema, SVP and Global Head of Network Carrier Management at DHL Global Forwarding, has been named the new chairman of the Cargo iQ Membership Board.


Yusen Logistics (Americas) Inc. has been named the 2016 Tier 2 Intermodal Provider of the Year by Vantix Logistics. This is the second year in a row that Yusen Logistics has been honored with this award.


Beginning on July 10th, Ward Transport & Logistics Corp. began launching a new dynamicexpedited service for customers in the Mid-Atlantic region and throughout North America. The new service offers domestic and international ground and air with Ward’s money back guarantee.


Agency Sector Management (ASM) has launched a major upgrade of its Sequoia software that gives users a single application where data is shared across all functions.


American Fast Freight, Inc. announced that it has acquired Grand Worldwide Logistics (GWW), headquartered in Chicago. The purchase expands AFF’s global logistics platform by adding blue chip customers, a talented management team, more than 2 million sq. ft. of warehouse space, and over 150 rail spots.


Due to a high level of demand for its specialist services in North America, emergency logistics provider Evolution Time Critical has further expanded its control centre in Atlanta, GA. Challenges facing the supply chain globally have driven an increased reliance on the company’s premium freight expertise, from OEMs recognizing the need to steadfastly protect their supply chain operations.


Worldwide Flight Services (WFS) is now offering China Airlines its full range of ground handling services in Honolulu with the latest awarding of a new cargo handling contract.


TPS Logistics has launched Beauty Logistics, a new subsidiary company created specifically to provide established logistics expertise and operations to the niche luxury health and beauty industry.


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