HANJIN

I worked in Korea from 2009 - 2013. I heard that Itaewon was a much more interesting place back in the day. There was relentless building of big, expensive apartment buildings and the country will be shrinking in population. I can picture that turning into a problem. Everyone wants to be living large in Gangnam. I heard some guy named Psy wrote a song about that place.

 

From what i read it is the korean gov that wants Hyundai to take over parts off Hanjin,Hyundai has little choice so it would seem.

 

There's likely much truth to what you say. A recent article noted Hyundai will commit 13 ships to start taking over Hanjin routes at rates that are "reasonable".

The repercussions from the Hanjin bankruptcy will trickle down beyond container haulers. Legislators in California are pushing to get the Hanjin owned portion of the Long Beach port reopened, right now over 300 highly paid port positions aren't working. Without containers coming in trucking companies are suffering in the LA area right now. That will soon become an issue for other truckers down the distribution chain.

Hanjin is but the first of more bankruptcies. Don't be borrowing money for a house or a new car.

 

Many of us shar similar experiences then.........with everything bad you can say about trucking, my stress levels are FAR lower!!!!!!!!...was telling the owner of the company I'm leased on to about my past life (he asked....I answered)....he couldn't believe the life I left for trucking... (I didn't even go into $$$ details).

It's hard for a lot of people to understand, happiness does not even remotely correlate to $$$.......

Lesson I, for one, learned the hard way.........

 

Volvo makes ships now?

 

Volvo is not Russian.

 

Just about busted a gut on that! Hilarious!!!

 

How about chinese?

 

I was in Korea in the late 80's courtesy of uncle sam. Yes, Itaewon was insane. I had a unique experience to have fun at both the club scene and the college scene. My unit ran out of bed so they asked for a volunteer to go and billet with the Korean Army guys (KATUSAS). I raised my hand at the opportunity and never regretted it. These guys were college students who put their studies on hold to do mandatory Army service. They introduced me to college girls. When I hanged out with US guys I went to all the clubs at Itaewon and play with club girls and when I hanged out with the Koreans we'd go to Yonsei or Korea University's campus and play with rich college girls.

 

I figured someone would get it