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Dear Partners,

The truck union has announced the starting of trucking strike from today, June 25.
The truck union is making regional strikes from today, but will have the general strike from June 28.

Approx. 20% of truck drivers join the trucking union. However, because the union members block the CY and CFS,
and because the union members force non-union members to stop trucking,
the trucking will stop from June 28 if the union doesn't meet any agreement with the government.

Carriers and government are now trying to minimize the flow of logistics. However, we expect some delays from today.

We'll keep monitoring trucking strikes and keep you updated accordingly.
If you have any questions or concerns, please let me know.

Thanks & best regards

Roy S. Hong President & General Manager
BORG Air Sea Transport Inc.
TEL: 82-2-756-0600
FAX: 82-2-775-6874
Cellular: 82-10-9089-6862
Web Site: www.borgairsea.co.kr

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