Issue 417, August 28, 2003

We are pleased to report that South Korea's two major seaports, Busan and Gwangyang, have returned to normal operations even though a strike by 30,000 of the country's truck drivers entered its eighth day on August 28.

At last report, cargo flows at the Port of Busan have returned to 80% of normal levels, while cargo backlogs are at pre-strike levels. The Port of Gwangyang is operating at 97% of normal levels, and its backlogs are also at pre-strike levels.

Government officials were quoted as saying that about 40% of striking container drivers have returned to work as of August 28.

We will update you as events warrant. In the meantime, please do not hesitate to contact your local DHL Danzas Air & Ocean representative with questions or comments.