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Hyundai Intermodal Choses CSX Intermodal For Eastern US Access
Posting Date: 05/12/2010

JP Miklovic

The Northwest Ohio Intermodal Yard west of North Baltimore, in Henry Township, is about a year from opening and it is already drawing big players in the shipping industry to CSX. What affect this development might have on the NB area, if any, would be pure speculation. But it does indicate that CSX is beginning to pick up the business needed to make the $180 million investment pay off.

Press Release from Hyundai Intermodal, Inc. (HII) website:

May 10, 2010 DALLAS - Hyundai Intermodal, Inc. (HII), a wholly owned subsidiary of Hyundai Merchant Marine, will partner with CSX Intermodal (CSXI) beginning June 1st, 2010. CSXI provides competitive service to all major East Coast ports and key intermodal markets, making it a sound choice as HII’s primary Intermodal carrier for coverage of the Eastern USA.

The decision of Hyundai to change intermodal service providers is also influenced by a number of strategic infrastructure projects that will further enhance intermodal service across the CSXI network, most notably the National Gateway initiative with the impending completion of a new Intermodal Terminal Facility in Northwest Ohio.

The National Gateway initiative will expand double stack rail service between the Midwest and the Mid-Atlantic regions, improving connectivity with markets like Baltimore and Norfolk. The new state-of-the-art intermodal terminal facility will open in Q1 2011. This intermodal terminal will raise the bar for all intermodal networks and significantly improve service levels for HII intermodal customers. The facility will allow interchange trains to bypass the congestion in and around Chicago, and move through for processing to final destination without delay.

“The Northwest Ohio terminal will be one of the most strategic transportation hubs in the country,” said CSXI President Jim Hertwig. “This new facility will not only be one of the most efficient and environmentally-friendly Intermodal facilities in the country, it will also help customers like Hyundai take full advantage of the added capacity and service options.”

When asked what the transfer facility will mean to Hyundai intermodal customers, Kirk Douglas, Vice President of HII, estimated that HMM customers could expect to realize faster transit times for imports and exports by 24-48 hours. Additionally, Mr. Douglas said “Trains should experience faster departures from the West Coast and avoid density issues associated with loading or building trains.” Mr. Douglas went on to explain that the level of automation in the new terminal will take Intermodal service to the next level and, “because it operates entirely on electricity, it will reduce our carbon footprint as well.”

“Hyundai is committed to customer service”, said Kirk Douglas, Vice President of HII. “CSXI’s extensive services and collaboration with major east coast ports make them a professional asset to HII. We look forward to expanding our partnership with them to continue to provide service reliability and efficiency to our customers.”

About Hyundai Intermodal, Inc

Hyundai Intermodal, a subsidiary of Hyundai Merchant Marine, is an integrated progressive intermodal company serving all major ramps in . HII offers extensive inland services through exclusive agreements with rail carriers and cutting edge infrastructure for greater, comprehensive coverage. HII provides customer with Double Stack Train services, direct links between and , and Transcon service which is a priority nonstop rail provision between and . For more information, please visit www.hmm21.com

About CSX Intermodal

CSX Intermodal, a subsidiary of CSX Corporation, based in , is the nation's only stand-alone integrated intermodal company serving customers from origin to destination with its own truck and terminal operations plus a dedicated domestic container fleet. Connecting more than 66% of the population, CSXI offers unparalleled access to most major markets and ports. CSXI's current nationwide network of over 40 terminals assures superior reach. More information about CSXI is available at the company's web site, www.csxi.com.

About Hyundai Merchant Marine

HMM is an integrated logistics company, operating over 110 state-of-the-art vessels. They operate more than 40 sea routes to over 100 ports of call, which enables HMM to collaborate strategically with the world’s major consumers of ocean transportation products and logistics services. In order to drive the company enterprise and provide value generating solutions to meet the requirements of our clients, HMM operates a global ERP (Enterprise Resource Planning) system. Their system allows Hyundai to offer state-of-the-art B2B products for enhanced supply chain visibility. More information about HMM is available at www.hmm21.com.

 

 
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