If you’re looking for a third-party logistics company that utilizes trending technologies and is based in Seoul, South Korea, look no further than Hanjin Logistics. Founded in 1966, Hanjin Logistics has branches and subsidiaries in Seattle, Dallas, and Los Angeles. Here are the benefits of partnering with Hanjin. Weigh the pros and cons of working with a logistics company before deciding on one.
Hanjin Logistics is a third-party logistics company
Based in Cerritos, Calif., Hanjin Logistics specializes in third-party logistics services. With a strong presence in Southern California and a large operation near the Port of Long Beach, Hanjin has dedicated resources for a variety of customer functions. Experts often operate within the customer’s organization and are available for support throughout the logistics process. In addition to specialized services, Hanjin provides comprehensive logistics solutions and a complete range of transportation services.
The company has recently opened offices in Amsterdam, Xiamen, and Tokyo. The latter is a joint venture with Honesty, a local third-party logistics provider. The new offices are aimed at expanding Hanjin Logistics’ air freight business. Hanjin Logistics, which is a sister company of Hanjin Shipping, has opened 10 offices worldwide in the past three years. Including three in 2011, Hanjin Logistics expects to have offices in a number of countries by the end of the year.
It was founded in 1966
In 1966, the founders of Hanjin logistics started a shipping company. Their largest customer was the U.S. Army. They transported soldiers from the Pacific to the Korean War, and their service extended to Vietnam and Korea. In 1956, Hanjin signed a major contract with the 8th Army, and by 1966, they were serving all the U.S. armed forces. In 1969, Hanjin entered the containerized shipping business. It opened its first container yard in the port of Busan. By 1995, the company was hauling grain to the North Korean government.
In 1996, Hanjin Shipping became the eighth-largest container carrier in the world. Today, more than half of the company’s revenues come from the U.S. market. The shipping industry was dominated by conferences for specific routes in the late 1980s, but in the 1990s, strategic alliances became the guiding force. The company now offers customers comprehensive logistics services, including shipping, warehousing, customs clearance, freight forwarding, and transloading.
It has branches and subsidiaries in Los Angeles, Seattle and Dallas
Established in the U.S. Region in 1993, Hanjin Logistics operates express, forwarding, trucking, and ground handling service divisions in major North American cities. The company prides itself on its reliable, stable, and committed services. It also operates sales offices in Seattle, Dallas, and Los Angeles. The company offers a full range of transportation services, from freight forwarding to supply chain management.
It uses trending technologies
The recent collapse of Hanjin shipping containers has sparked a new round of global shipping container disputes. While Hanjin was once considered a stalwart of the shipping industry, its collapse has left a massive US$14 billion worth of floating cargo stranded at sea. The underlying reasons for the collapse are so complex and varied that companies cannot adequately quantify their exposure to Hanjin.
It was affected by the terrorist attacks in the United States on September 11, 2001
On September 11, 2001, 19 militants affiliated with the al Qaeda network hijacked four passenger airplanes to carry out a series of suicide attacks against U.S. targets. Of these, 15 were Saudi Arabian, two were from the United Arab Emirates, and one was from Lebanon. Two planes hit the World Trade Center in New York City, while the third plane struck the Pentagon outside Washington, D.C. These terrorist attacks killed nearly three thousand people and spawned major U.S. initiatives to combat terrorism. They also defined the presidency of George W. Bush.
Despite the effects of the attacks on US-based companies, Hanjin Logistics’ business remains strong, despite the setbacks of the terrorist attacks. The company managed to retain most of its customers, and in 2001, it was ranked fourth in the world’s logistics market. It had ranked fourth in the world for several years prior to the attacks. In fact, Hanjin Logistics had recently opened a 120-acre terminal in Oakland, California to better serve its American clients.