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

Sent: Monday, January 25, 2010 6:34 PM

To: David Hickmott

Cc: David Hickmott; David Hickmott

Subject: Update #2: Ocean Carrier Space: Asia/USA market

Dear Valued Unique Customer,

Further to the below alert from December 28, 2009, the space situation is getting worse by the day. The current space situation for the Asia to USA trade has become extremely difficult, and is expected to get worse as Chinese New Year approaches.

We have not seen the magnitude of this type of crisis since the USWC strike in the Fall of 2002 or 1998 Shipping Season (where carriers raised rates by $1500 within 2 weeks in order to secure space booking). For the carriers, a perfect storm has been created by ocean carrier decrease in capacity, increase in USA import volume, upcoming Chinese New Year, record annual loss reporting for 2009, an increase in pricing ( Operation Cost Recovery Surcharge), and possible further rate increases by carrier/service route to secure space. The combination of these factors have put all USA importers in a scramble to find space with their ocean carriers.

Rest assured that Unique Logistics International is exhausting our efforts daily to service our existing customers by utilizing our large network of ocean carrier contacts. We are working very closely with these contacts as well as our customer during this crisis. We will advise any and all options in an effort to minimize any supply chain impact. In some cases, it may be necessary to utilize alternative carriers to secure the needed space. In using alternative options, it is possible that there will be cost differences. If this occurs, our sales will update you with the applicable rate by alternative carrier for your approval.

We see this situation continuing beyond Chinese New Year and possibly the end of the first quarter as carriers will be continuing to manage container backlogs and maintain higher rate levels and surcharges (OCRS/GRI). If any questions, please do not hesitate to contact your account executive.

We appreciate your support of Unique Logistics International. We appreciate and value your business.

Discover the "Unique" difference of logistics from Asia to USA trade!

Are you Ready? ISF Enforcement will begin on January 26, 2010.

Best Regards

David Hickmott - Executive Vice President

ph#404-767-0500 (ext 306)

Mobile# 678-478-6604

Fax# 404-767-3319

www.uli-atl.com

From: David Hickmott
Sent: Monday, December 28, 2009 3:40 PM
To: David Hickmott
Cc: David Hickmott; David Hickmott
Subject: Ocean Carrier Space: Asia/USA market

Dear Valued Unique Customer,

We hope that everyone had an enjoyable holiday. We are hopeful for a better 2010!

We wanted to take this opportunity to inform our customers of the potential delays and space problems that are existing in the market. For the past several weeks, the space from Asia – USA has been increasingly tight. As we approach the Chinese New Year, there is an expectation that this situation will worsen each week. Consistent with the reality faced by carriers of significant financial losses in 2009 and reduced services to limit cost, the ocean carriers are collectively being selective on which cargo they are accepting at origin as demand is exceeding supply on weekly basis. The ocean carriers have advised to expect 1-2 week delay for some shipments space as well as possible rollover and other potential problems on late gate request, RIPI (reverse inland point cargo via east coast), IPI rail cargo via west coast, overweight cargo, oversized cargo, and dangerous goods cargo.

With Chinese New Year approaching (February 14, 2010), we would strongly urge our customers to request all vendors to book 10-14 days in advance of cargo ready date. ULI has several ocean carrier options for various Asia-USA routes to utilize. With early notification to obtain space from primary carrier, this will give ULI opportunity to suggest alternative if primary not available for requested sailing.

As always, we appreciate your support and cooperation with Unique Logistics International.