An HMM union is holding a strike vote as wage negotiations with management have broken down.
One of HMM’s labor unions did not reach an agreement with management on wages Thursday, giving the union the right to go on a strike.
Korean Air Lines’ second quarter net profit fell 20 percent on year to 130 billion won ($112 million) on sales that rose 16 percent.
HMM’s net profit jumped more than 600 percent on year in the second quarter on sales led by higher freight rates and increased container handling volumes.
Hanjin Transportation and Lotte Global Logistics raised parcel delivery fees by up to 2,000 won ($1.80) for retail clients last month.
Korean Air Lines transported 22 tons of Pablo Picasso artworks from Paris to Incheon for a major exhibition that opens at the Seoul Arts Center Saturday.
HMM is extending a program to set aside cargo space for smaller companies.
CJ Logistics, the country’s largest logistics firm, is raising prices by double digits in line with moves by its competitors.
The number of people traveling via public transportation, including buses and subways, dropped roughly 27 percent last year, the statistics indicated.
Unionized workers of Hanjin Transportation protest at the company headquarters in central Seoul on Thursday claiming the company has unfairly fired union members.