SEOUL, Jan. 2 (Korea Bizwire) — CJ Logistics, South Korea’s leading courier company, will begin offering seven-day delivery services starting January 5, 2025, a move expected to heighten competition in the nation’s e-commerce market. Previously, consumers faced delivery restrictions on Sundays and holidays, totaling about 70 non-delivery days per year. Only Coupang, with its proprietary logistics [...]
SEOUL, Dec. 26 (Korea Bizwire) – In 2025, South Koreans will see a number of small and big changes, including some that will improve convenience in their daily lives and some that may even lead to changes in how they live. Among Korean companies, CJ Logistics Corp. is set to take what may be the [...]
SEOUL, Sept. 6 (Korea Bizwire) – CJ Logistics, a leading South Korean transportation and logistics company, has reported growing popularity for its AI-driven freight transportation platform, ‘the unban.’ The platform, which directly connects shippers with truck drivers, has gained traction due to its next-day payment system, the company announced on September 5. Launched in July 2023, [...]
SEOUL, Jan. 24 (Korea Bizwire) – An appellate court ruled on Wednesday against South Korea’s largest logistics firm, CJ Logistics, in a suit the company filed to reverse a national committee decision striking down CJ’s denial of collective bargaining for a delivery workers’ union. The courier union under the Korean Confederation of Trade Unions (KCTU), [...]
SEOUL, Dec. 12 (Korea Bizwire) – CJ Logistics, once perceived as a stock market underdog, has been gaining significance recently. The company has been struggling to maintain market share due to the rapid ascent of Coupang, which posed a formidable threat in the retail sector. However, CJ Logistics has experienced a remarkable surge in its stock [...]
SEOUL, Aug. 23 (Korea Bizwire) — A recent video depicting delivery trucks circling a race track has gone viral in South Korea The 2023 CJ Logistics Superrace Championship, backed by the logistics giant CJ Logistics Corp., stands as the nation’s premier racing competition. The fifth round of this year’s championship unfolded at Yongin’s Everland Speedway circuit [...]
SEOUL, Aug. 18 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics company, is consistently losing market share in the domestic parcel delivery service due to the active attraction of individual customers by e-commerce giant Coupang Inc. As per CJ Logistics’ half-year report, the company secured a share of 44.3 percent in the [...]
SEOUL, Aug. 3 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics company, said Thursday that it has signed an initial agreement with Japanese shipping company Ocean Network Express Pte. Ltd. as part of its efforts to expand its global business. With the memorandum of understanding, Ocean Network Express, also called ONE, will [...]
SEOUL, June 28 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics company, said Wednesday it will invest 600 billion won (US$461.7 million), along with the Korea Ocean Business Corp. (KOBC), to build three new logistics centers in the United States by 2027. CJ Logistics and the KOBC signed a memorandum of agreement [...]
SEOUL, June 21 (Korea Bizwire) — CJ Logistics Corp. has established strategic partnerships with domestic and international shippers to enhance its integrated logistics capabilities. During the past eight months, the South Korean logistics giant has entered into agreements with four shipping companies, including SM Line Corp. and Taiwan’s Evergreen Marine Corp., to bolster its global [...]