The two partners said that OceanGuaranteed shipments are arriving on time 98.6 percent of the time. Cargo volume handled by the service, which kicked off in early September 2006, has increased five-fold in the first six months of 2007.
With OceanGuaranteed, shippers can transport cargo from Asian ports to U.S. destinations utilizing transpacific services operated by Singapore-based APL and other carriers. Once discharged at the Port of Los Angeles, containers are deconsolidated and cargo transported to final destination in one to four days by Ann Arbor, Mich.-based Con-way Freight's domestic delivery network.
Created to take advantage of the coupling between air freight reliability and the lower cost of ocean transport, OceanGuaranteed claims to offer the industry's only day-definite, money-back guarantee for LCL cargo.
The first anniversary report card also detailed that the service is attracting shippers of high-value commodities such as apparel, electronics and auto parts, as well as other commodities where reliability and cost savings are paramount.
The service debuted last year with three ports of origin — Hong Kong, Shanghai and Shenzhen in China. Customer demand prompted expansion in January to Yokohama; Busan, Korea; Kaoshiung, Taiwan; and Singapore. APL and Con-Way are also exploring the possibility of adding a U.S. East Coast import gateway to the service by 2008.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now