The automobile carrier industry might have been knocked to the canvas by the worldwide financial crisis, but auto transport carriers are preparing to get off the canvas and get back in the fight to grow the car carrier industry around the world. The industry will be stronger once we come through this period and we should learn lessons that will help us avert similar problems in the industry in the future, but we still have lots to learn and do.
The vehicle shipping industry around the world is preparing for an increase in business in 2010 that hopefully will mean a return to a healthy business environment in the industry. In Taiwan APM Terminals has just completed a deal to transfer two piers it operates in Taiwan to Hanjin Pacific, the container terminal sector of Hanjin Shipping, which will give the firm three piers with which to conduct car delivery services.
APM Terminals will stay on site to help Hanjin Shipping workers during the transfer learn what they need to know in order to keep the pier running smoothly. The three piers in question will be handling the expected traffic of some of the world's largest shipping firms in the next year and keeping the three piers operating efficiently is going to be a difficult job. They don't expect to have the facility up and moving freight until sometime in the middle of 2010, but once they do the Hanjin Pacific Terminal will be able to handle twice the present amount of freight movements through the terminal.
It appears that Hanjin Shipping is expecting freight movements to increase in 2010 at the Hanjin Pacific Terminal and they're making moves to prepare for an increase in business. Hopefully, everything goes as expected in 2010 and markets and freight volumes increase as expected. At the very least, Hanjin Shipping will be ready for an increase in their business in Taiwan, and the eventual increase in freight business around the world.
http://www.ifw-net.com/freightpubs/ifw/new...20017742739.htm
http://www.apmterminals.com/uploadedFiles/...s%20Release.pdf
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