ECU Worldwide has entered into a joint venture deal with its agent partner, Uni Logistics Systems (ULS), to strengthen presence with its own office in South Korea.
In a statement, the LCL consolidation and global multi-modal transport business, said after two decades of successful years of profitable partnership, the two entities will now operate together as ECU Worldwide Korea Co Ltd. Effective January 1. It said ECU Worldwide Korea, has been handling all customer shipments arriving across different destinations in South Korea.
“South Korea is a key trade hub in the Asia Pacific region, and an important growth driver for our network. With its strategic location and leadership position in the South Korean market, ECU Worldwide Korea Co is ideally suited for businesses across both South Korea and the region, providing transportation solutions to our regional and global customers,” said Tim Tudor, CEO, ECU Worldwide.
ECU Worldwide Korea Co Ltd is uniquely positioned to help businesses leverage South Korea’s connectivity to and from APAC especially for Japan, North Asia and the Americas.
It noted that ECU Worldwide Korea has 37 ports in Japan including ferry console service from Busan to Hakata and Tokyo. Going forward, it said its export capability extends to 137 direct service trade lanes with 182 weekly services.
Niche market presence
Additionally, its import capability extends to 92 direct service trade lanes and 132 weekly service offerings — giving ECU the opportunity to offer extensive coverage and to enhance customers’ supply chain agility, it said.
Aside from creating synergies with ECU Worldwide’s global network operating in more than 180 countries, the new Korean JV is well-equipped to bolster businesses with its key presence in niche export trade lanes that offer connectivity to strategic hubs like Miami, San Juan, Ensenada, Lazaro Cardenas, Paranagua, Rio De Janeiro, Rio Grande, San Pedro Sula, etc. in the Americas.
In Japan, it also has presence in Akita, Chiba, Hiroshima, Imabari, Kumamoto, Naha, Naoetsu, Sendai Tokushima, and Yokkaichi in Japan.