Issue 378, November 22, 2002

We are very pleased to announce reductions and, in some cases, eliminations of our temporary rate adjustments (TRA) for airfreight traffics from Asia into North America. Below please find the respective reductions per country of origin, as well as the effective dates.

Over the last 40+ days, since the original announcement of the TRA's on October 10, 2002, the eastbound transpacific airfreight lanes have been extremely volatile. Your Danzas AEI Intercontinental operations, Customer service, and executive staff, have all worked very hard to implement creative solutions in order to move as much freight as possible during this critical time. Within two days, we were able to develop and execute "sea-air" programs from several Asian origins, either via Dubai or Hawaii, into the USA mainland. We contracted over 70 charter flights from various Asian origins into North America and have done our very best in trying to keep you well informed in a market, which at times, was changing by the hour. We are very proud of our staff on both sides of the Pacific for their relentless efforts in maintaining quality operations throughout this period!

Origin	current TRA	new TRA	effective date
Bangladesh	15%	0%	NOV 25
Cambodia	20%	0%	NOV 25
China	45%	45%	Until further notice
Guam	20%	0%	NOV 25
Hong Kong	25%	10%	NOV 25
Indonesia	15%	0%	DEC 01
Japan	40%	25%	DEC 01
Korea	40%	25%	DEC 01
Malaysia	15%	0%	DEC 01
Philippines	25%	10%	DEC 01
Singapore	25%	0%	DEC 01
Sri Lanka	15%	0%	NOV 25
Taiwan	25%	20%	NOV 25
Thailand	25%	15%	DEC 01
Vietnam	25%	0%	DEC 01

Most sincerely,

Danzas AEI Intercontinental
Raymond P. Donahue
Vice President, Field Sales, North America

Please note that due to the complex nature of the subject matter, DHL Danzas Air & Ocean cannot be responsible for actions taken by the reader in reliance on the information contained herein without prior consultation with DHL Danzas Air & Ocean.