Target Awards HMM 2009 Transportation Outstanding Partner, All-Star Award

Hyundai Merchant Marine (HMM) was selected as 2009 Transportation Outstanding Partner by Target.

One of the largest American retailing companies presented the award on June 23, 2010 to HMM Vice President, K.T. Kim, and HMM Minneapolis Sales Manager, Sandy Taylor. HMM’s Sandy Taylor was also individually recognized by Target with the All-Star Award for her contributions to consistently position Hyundai to meet and exceed operational requirements and expectations. The Outstanding Partner award was in recognition of HMM’s high level of commitment to global transportation services.

Target keeps a monthly and yearly scorecard of their 12 transportation carriers which ranks them on various categories effecting shipment, including:
1. Schedule Integrity
2. Vessel Delays
3. EDI Transmission
4. SNP Compliance
5. Claim Turnaround
6. Customer Service.

“Along with high levels of support on the capacity side, Hyundai’s execution was near flawless which contributed to Target deliver a Guess Focused Supply Chain through this challenge environment,” Target executives said during the award presentation. “Hyundai’s support of Target’s business has earned their organization the 2009 Outstanding Partnership Award from Target.”

The All-Star Award recognizes Target’s business partners top individual contributors that made a significant impact to Target’s supply chain in 2009 allowing the retailer to deliver a Guest Focused Supply in 2009.

About Target
Minneapolis-based Target Corporation (NYSE:TGT) operates 1,740 stores in 49 states and at Target.com. Target is committed to providing a fun and convenient shopping experience with access to unique and highly differentiated products at affordable prices. For more information visit www.target.com.

About Hyundai Merchant Marine
HMM is an integrated logistics company, operating over 110 state-of-the-art vessels. They operate more than 40 sea routes to over 100 ports of call, which enables HMM to collaborate strategically with the world¡¦s major consumers of ocean transportation products and logistics services. In order to drive the company enterprise and provide value generating solutions to meet the requirements of our clients, HMM operates a global ERP (Enterprise Resource Planning) system. Their system allows Hyundai to offer state-of-the-art B2B products for enhanced supply chain visibility. Go to www.hmm21.com for more information.

Contact:
Lamont Petersen; Vice President, Marketing
Hyundai Merchant Marine
Tel: (972) 501-1250
Fax: (972) 501-1276
e-mail: hslpe@hmm21.com

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