News / Hyundai Glovis uses containers to ship cars as PCTC shortage bites

Credit Hyundai Glovis

Hyundai Glovis CEO Lee Kyoo-bok said on Friday the company had shipped cars in containers to make up for the tight availability of pure car and truck carriers (PCTCs).

It is the first time Hyundai’s logistics unit has admitted to being affected by the short supply of PCTCs.

Mr Lee, speaking after the release of Glovis’s H1 23 results, said its own PCTC fleet of 72 owned and chartered vessels was insufficient to meet the post-pandemic rebound in vehicle exports and the ...