SEOUL, Apr. 19 (Korea Bizwire) — CJ Logistics Corp. announced on Thursday that the amount of deliveries it has made has surpassed 480,000 boxes through the development-impaired delivery business, one of the company’s CSV (Creating Shared Value) business models based on the logistics industry. When the logistics unit of South Korean food and entertainment conglomerate [...]
SEOUL, Jun. 8 (Korea Bizwire) — CJ Logistics Corp. said Friday it has agreed to buy a U.S. logistics company for 231.4 billion won (US$216 million) in its latest drive to expand its presence in the North American market. The South Korean firm signed the deal to purchase a 90 percent stake in DSC Logistics, [...]
SEOUL, March 19 (Korea Bizwire) — CJ Logistics Corp. said Sunday it has signed a partnership deal with FESCO, a Russian transportation and logistics firm. The preliminary deal is expected to allow the logistics arm of South Korea’s food and entertainment conglomerate CJ Group to do business using Russia’s Trans-Siberian Railway, which will reduce costs [...]
SEOUL, Dec. 19 (Korea Bizwire) — CJ Logistics Corp., the logistics arm of South Korea’s food and entertainment conglomerate CJ Group, said Tuesday it will absorb and merge with the group’s construction unit as part of efforts to hone its competitiveness. The merger ratio will be one CJ Logistics share for every 0.54 CJ Engineering [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s logistics firm CJ Logistics Corp. said Sunday it plans to tap deeper into the Indian market through CJ Darcl acquired earlier this year. The logistics unit of South Korean food and entertainment conglomerate CJ Group signed a deal to buy a 50 percent stake in Indian firm [...]
SEOUL, Nov. 16 (Korea Bizwire) — CJ Logistics Corp., the logistics arm of South Korea’s food and entertainment giant CJ, said Thursday its affiliate purchased a Chinese company for 20 billion won (US$18 million) as part of its efforts to boost its competitiveness in the neighboring market. CJ Logistics said its Chinese affiliate CJ Rokin [...]
SEOUL, June 12 (Korea Bizwire) – CJ Korea Express has launched a meal delivery service for the first time in the logistics industry in South Korea, catering to the growing number of single households and working couples in the country. From 10 p.m. to 7 a.m. every day, the company’s new service will see ready-made meals [...]
SEOUL, April 26 (Korea Bizwire) – CJ Logistics Corp., a unit of South Korean food and entertainment conglomerate CJ Group, said Wednesday it has acquired two logistics companies based in India and the United Arab Emirates (UAE) as part of efforts to tap deeper into overseas markets. The Korean company has signed a deal to [...]