- Janice Hoppe
- Infrastructure
Hyundai Glovis
Hyundai Glovis develops new lanes in growing production areas and will add more vessels over the next three years to meet demand.
By Janice Hoppe
Hyundai Glovis shook up the car-carrying and shipping industry six years ago when its ocean transportation division came on the scene. In a market that had gone unchanged for years, the company disrupted the landscape and has experienced unprecedented growth ever since.
“To grow from five vessels in 2010 to 72 in April 2016 is unheard of in this business,” Vice President of Ocean Transportation Scott Cornell says. “No car-carrying or shipping company has been able to be like us in terms of growth. Our strategy has been matching the needs of new production areas and growing into positions with an understanding that it’s not only East-West trade any longer.”