delivery Archives | Be Korea-savvy
Coupang to Invest 3 Tln Won in Expanding Its Delivery Service Nationwide

Coupang to Invest 3 Tln Won in Expanding Its Delivery Service Nationwide

SEOUL, Mar. 27 (Korea Bizwire) — Coupang Corp., South Korea’s leading e-commerce company, said Wednesday it will invest 3 trillion won (US$2.23 billion) for the next three years to expand its renowned “rocket delivery” nationwide in a bid to solidify its dominance in the competitive market. The plan includes the establishment of over eight fulfillment [...]

Descartes’ Study Reveals 60% of Consumers Quite/Very Interested in Sustainable Home Delivery Services

Descartes’ Study Reveals 60% of Consumers Quite/Very Interested in Sustainable Home Delivery Services

ATLANTA and LONDON, June 14 (Korea Bizwire) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2023 Home Delivery Sustainability Report: Consumers Expect More! survey, which examined consumer sentiment of retailers’ sustainability practices around their delivery operations. The survey found that only 43% of consumers felt [...]

Gloomy Outlook for Logistics Firms Despite Strong Results in 2022

Gloomy Outlook for Logistics Firms Despite Strong Results in 2022

SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s major logistics firms, which enjoyed a boom during the pandemic period, are expected to report relatively sluggish results this year due to a decline in parcel traffic. CJ Logistics Corp., the nation’s largest courier company, is estimated to have chalked up an operating profit of 417.5 billion [...]

Multi-use Boxes Drastically Cut Greenhouse Gas Emissions but Raise Delivery Costs

Multi-use Boxes Drastically Cut Greenhouse Gas Emissions but Raise Delivery Costs

SEOUL, Sept. 15 (Korea Bizwire) — Using a multi-use parcel box costs 3.9 percent more but results in a greenhouse gas emissions reduction of 74.5 percent, the environment ministry said Wednesday. As a result of the trial of multi-use parcel boxes at eight distribution companies from last October to this August, the Ministry of Environment [...]

Most Parcel Delivery Workers Work 6 Days a Week with Only 30 Minutes of Rest per Day: Poll

Most Parcel Delivery Workers Work 6 Days a Week with Only 30 Minutes of Rest per Day: Poll

SEOUL, Aug. 26 (Korea Bizwire) — Most parcel delivery personnel are working under poor labor conditions, in which they have to work six days a week, a major umbrella labor group said Thursday. The Federation of Korean Trade Unions conducted a survey on the labor environment of 210 delivery service workers who are affiliated with [...]

Market Value of Logistics Startups Up Sharply amid Stiff Competition for Rapid Delivery

Market Value of Logistics Startups Up Sharply amid Stiff Competition for Rapid Delivery

SEOUL, Jan. 11 (Korea Bizwire) — As ‘fast delivery’ competition is flaring up among major retailers, the number of new delivery and logistics startups is increasing with the market demand for them rising at an explosive pace. Given that it’s difficult for retailers to establish their own logistics networks, businesses that deliver goods via motorbikes [...]

Retailers Leverage Big Data to Boost Delivery Competitiveness

Retailers Leverage Big Data to Boost Delivery Competitiveness

SEOUL, Dec. 21 (Korea Bizwire) — South Korean retailers are beefing up investment to introduce new technology that can contribute to minimizing delivery time, personnel and energy as a way to complete delivery within the shortest possible time. GS Retail Co. acquired a 1.3 percent stake in Kakao Mobility Corp. for 65 billion won (US$54.5 [...]

Gov’t on Track to Revise Law Toward Allowing Robot and Drone Delivery

Gov’t on Track to Revise Law Toward Allowing Robot and Drone Delivery

SEJONG, Nov. 11 (Korea Bizwire) — Parcel delivery services offered jointly by humans and robots are expected to become available in two or three years at the earliest. The Ministry of Economy and Finance said Wednesday that it had decided to revise the Living Logistics Service Act towards including drones and robots as transportation means. [...]

S. Korea to Develop New Program that Uses Big Data to Calculate ‘Safe Delivery Time’

S. Korea to Develop New Program that Uses Big Data to Calculate ‘Safe Delivery Time’

SEOUL, Sept. 27 (Korea Bizwire) — A new program will be developed that will use big data to calculate ‘safe delivery time’, aimed at preventing food delivery riders from dangerous riding practices such as speeding to meet a tight delivery schedule. It has been pointed out that the current delivery schedule time calculated by food [...]