KT aims to beef up its logistics business using Team Fresh’s cold-chain logistics centers and other capabilities related to fresh food delivery. Team Fresh will adopt KT’s digital logistics technologies and services in managing its logistics centers.
Hanjin Transportation celebrated its 30th year in the parcel delivery business on Thursday.
The memorandum of understanding between the two companies is for the co-development of logistics robots and software for warehouses. It was signed Wednesday at the TES Innovation Center, a CJ Logistics warehouse in Dongtan, Gyeonggi.
Korea's antitrust regulator said Tuesday it has decided to impose a combined 6.53-billion-won ($5.06 million) fine on six logistics firms for fixing prices.
Unionized truck drivers went on strike Tuesday demanding higher wages and an extension of support measures, with disruptions possible in the transportation of cement and soju as a result.
Hyundai Glovis established a joint venture with two Thai logistics and auto parts makers, expanding business in the country.
Naver and CJ Logistics plan to extend their partnership in deliveries, opening more fulfillment centers and offering faster service.
Hanjin Transportation plans to expand its overseas logistics business, aiming for global sales of 1 trillion won ($791 million) in 2025.
The company said Sunday that it is offering customized automated smart logistic management systems, including Warehouse Control Systems (WCS), which will improve efficiency by up to 30 percent.
While deliveries that take a day or two have become the norm across the world, Korea was saying why not faster — same-day shipping, overnight, within 10 to 30 minutes of ordering?