SEOUL, May 12 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. is making a foray into the Middle East market by establishing a distribution center in Saudi Arabia, targeting cross-border e-commerce demand. The company said Thursday it had signed an agreement with Saudi’s General Authority of Civil Aviation to establish a global distribution [...]
SEOUL, Feb. 21 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics company, said Tuesday it has opened a representative office in Poland to strengthen its European business. CJ Logistics said it plans to designate its new office in the southwestern city of Wroclaw as a “strategic base” in Europe, given the city’s [...]
SEOUL, July 5 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Monday it had successfully delivered nine T-50B supersonic trainer jets from an air base in nearby Wonju to London to participate in an international air show. The T-50B, the aerobatic aircraft of the South Korean Air Force’s aerobatic flight team, the [...]
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, [...]
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 [...]
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 [...]
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 [...]
SEOUL, July 8 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. has signed a deal with two of its clients to launch a new project aimed at promoting the reuse of waste plastics to reduce carbon emissions. Lock&lock Co., a Seoul-based plastic containers maker, and A Twosome Place, a major coffee shop franchise, [...]
SEOUL, June 21 (Korea Bizwire) — South Korea’s top online portal operator Naver Corp. has joined hands with logistics giant CJ Logistics Co. to expand its logistics infrastructure. The two parties announced on Sunday the establishment of an e-fulfillment center with a total floor space of 38,400 square meters in Gunpo, Gyeonggi province. The new [...]
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 [...]