Korea's biggest logistics company announced plans to build a cold chain logistics center in the United States as it looks to gain a foothold in North America.
CJ Logistics's operating profit rose to 10.4 percent to 109.4 billion won due to rising volume of overseas e-commerce parcels, falling short of market expectations.
Korean logistics companies Hanjin Transportation and CJ Logistics are investing millions to handle surging imports from Chinese e-commerce platforms.
CJ Logistics and Kia ran a trial for last-mile delivery using Boston Dynamics' four-legged robot, Spot, with positive results.
The logistics giant built a special facility to handle the popular footwear for both store deliveries and online sales.
CJ Group, a Korean conglomerate, appointed new leaders for its key subsidiaries, CJ CheilJedang and CJ Logistics, on Friday.
AliExpress's aggressive expansion in Korea is a tale of two cities as the Chinese giant boosts the country's delivery industry while spooking domestic retailers by chipping away at their market shares.
CJ Logistics has expanded its Incheon Global Distribution Center and introduced robots to increase same-day shipments by 1.5 times, improving storage efficiency and overall productivity.
Coupang is under fire for refusing to join the annual "no parcel day," a movement designed to give delivery drivers a day off. Coupang claims that its delivery drivers can go on vacation any day of the year thanks to a sufficient workforce.
CJ Cheiljedang experienced a 40.1 percent drop on-year in its operating profit for the second quarter to 235.8 billion won ($180 million), excluding its subsidiary CJ Logistics, due to cost pressures and the prevailing economic slowdown.
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