From: David Hickmott [DHickmott@uli-atl.com]

Sent: Tuesday, November 13, 2007 9:15 PM

To: David Hickmott

Cc: David Hickmott; David Hickmott

Subject: New World Alliance to cut winter transpacific capacity

Dear Valued Unique Customer,

The below article is from the American Shipper.  As the article states, the New World Alliance and Grand Alliance are making plans for cutting capacity during the winter months.  In addition to being a cost cutting procedure for the carrier, it is also a way to restrict capacity to maintain existing rate levels.  This has been a common practice for many carriers in the past few years.  TSA announced their plans for GRI and PSS in 2008/09 in the past week.  By maintaining rate levels and cutting cost, the carrier is able to control the market prior to GRI in months ahead.

Thank you for your support of Unique Logistics International.  We appreciate and value your business!

Best Regards

David Hickmott - Executive Vice President

ph#404-767-0500 (ext 306)

Mobile# 678-478-6604

Fax# 404-767-3319

New World Alliance to cut winter transpacific capacity

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• Winter capacity cuts on the way, say MOL, "K" Line

The New World Alliance of APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines will combat an "unprecedented rise in operating costs" in the transpacific market by withdrawing vessel capacity from the trade earlier than in previous years.
   In addition to an immediate winter reduction of around 10 percent, the alliance members will from early December also withdraw a further 5 percent to 10 percent of its joint capacity in the transpacific. The capacity withdrawal may also run longer than in past years.
   The Grand Alliance -- Hapag-Lloyd, NYK and OOCL -- has merged two of its transpacific loops until late February and similar short-term actions are expected across the networks of other carriers and consortia.
   "The New World Alliance anticipates that it will have plenty of capacity to meet demand for cargo transportation services in the transpacific during this winter season. Service will continue to be provided at all existing port locations," the three carriers said in a joint statement.
   The lines did not rule out future additional network adjustments in order to minimize the impact of "dramatically higher costs on their respective businesses."