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CJ Logistics Teams Up with Naver to Promote Cooperation in Fast Delivery Market

CJ Logistics Teams Up with Naver to Promote Cooperation in Fast Delivery Market

SEOUL, May 18 (Korea Bizwire) — The landscape of South Korea’s early-morning delivery market is shifting as logistics giant CJ Logistics Corp. has entered into an agreement with the country’s top online portal operator Naver Corp. to join the fast delivery market. The two parties recently announced that they will strengthen cooperation in logistics area, [...]

LG Chem, CJ Logistics to Establish Circulation Platform for Cosmetics Containers

LG Chem, CJ Logistics to Establish Circulation Platform for Cosmetics Containers

SEOUL, March 31 (Korea Bizwire) — LG Chem Ltd. South Korea’s leading chemical company, and CJ Logistics Co., the country’s No. 1 parcel delivery firm, said Wednesday that they will establish a resource circulation system to promote the reuse and recycling of cosmetics containers in collaboration with local reusable packaging startup Innerbottle. Innerbottle will produce [...]

CJ Logistics to Build Virtual ‘Twin Warehouse’ to Anticipate Logistics Scenarios

CJ Logistics to Build Virtual ‘Twin Warehouse’ to Anticipate Logistics Scenarios

SEOUL, Nov. 22 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Sunday that it will build a ‘twin warehouse’ in a virtual network that closely resembles one from the real world to anticipate future warehouse stocks. ‘Digital twin’ technology refers to building a virtual space that’s identical to one in the real [...]

CJ Logistics to Invest 2.5 tln Won by 2023 to Foster High-tech Business Sector

CJ Logistics to Invest 2.5 tln Won by 2023 to Foster High-tech Business Sector

SEOUL, Nov. 14 (Korea Bizwire) — CJ Logistics Corp., the logistics arm of South Korean conglomerate CJ Group, said Sunday that it will invest 2.5 trillion won (US$2.12 billion) by 2023 in a project to be reborn as an “innovative technology” firm, especially by strengthening platform-related businesses. The investment is largely aimed at upgrading its [...]

CJ Logistics Develops AI-based Cargo Tracking System

CJ Logistics Develops AI-based Cargo Tracking System

SEOUL, Feb. 2 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics firm, announced on Monday the launch of the CJ Logistics Cargo Tracking system that uses artificial intelligence (AI) technology to accurately calculate the arrival time of a cargo vessel. This system calculates vessels’ arrival time at ports by applying 18 machine [...]