Joo Sung Sea & Air to Overcome New Challenge in Air Division
Joo Sung Sea & Air Co., Ltd. President Mr. Jin Soo Park (right) and Korean Air Busan, Branch Manager, Mr. Ean Yong Sung (left) have signed the air cargo agreement to reinforce and enhance the airfreight logistics for USA trade – Incheon and Los Angeles leg.
They will launch the B-777F aircraft every Wednesday mornings from September until the end of November, and for the first time among all of Korean NVOCC, and stride the highly advance consolidation services at Incheon International Logistics Centre (IILC) destined to Los Angeles by the local and inbound cargoes from Asian regions to Inchoen from India, Bangladesh, Vietnam, Indonesia, Philippines and China.
The main purpose of preparing preemptive investment is to cope with uncertain and unforeseeable foreign market situations and timely provision for the high demand season of the United States.
They believe that the investment will meet the US – China trade dispute and the frequent increases in freight rate which is still fluctuating, as well as oil price and exchange rate, and achieve the new step of growth of the company in airfreight division.
They are planning to coordinate with the local flights to handling cargoes arriving Los Angeles to the inland points and other major western parts of the United States using their accumulated experiences, know-how and close relationships of multimodal services with the USA partners. In the future, they are hoping to expand the range of services to the Latin America countries such as Mexico, Guatemala, Chile, Argentina, Brazil and Colombia in view of latent profitable routes and leap forward to become the leading company in this field continuously.
They managed to transport already about 1,300 flights (1,600 tons) by air from January to May this year, more than 90 percent of the total to the Western United States. They believe that this new project will bring substantial success to the company.
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