SEOUL, Jan. 21 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Thursday the launch of ‘Auto Bell,’ an online used car transaction platform designed to connect used car dealers with customers. To establish a reliable dealer network as well as to prevent false advertising, the company plans to check [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Group Chairman Chung Euisun and honorary group chief Chung Mong-koo sold their combined 10 percent stake in Hyundai Glovis to the global private equity firm Carlyle Group, the logistics unit of the group said Wednesday. The junior Chung sold a 3.29 percent stake and his father unloaded [...]
SEOUL, Dec. 30 (Korea Bizwire) — Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, announced on Wednesday that it will establish a railroad transport unit in the southwestern Chinese city of Chengdu as part of efforts to expand its logistics operations between China and Europe. The company said that a new corporate entity, [...]
SEOUL, Dec. 16 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has secured an exclusive shipping space at the port of Bremerhaven in Germany, one of the largest automobile shipping ports in Europe. The company said Wednesday that it had signed a deal with the port’s terminal operator BLG Logistics [...]
SEOUL, Oct. 19 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Tuesday it has signed a deal with Air Products on establishing a global hydrogen supply chain. Under the contract, Hyundai Glovis will cooperate with the world’s top hydrogen maker on building up a domestic supply chain for liquid [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Monday that it will beef up its eco-friendly business, including hydrogen transportation and electric vehicles (EV) battery recycling. Under the new business branded ECOH, the company plans to increase its hydrogen shipment centers to nine by 2030 and [...]
SEOUL, June 2 (Korea Bizwire) — Hyundai Glovis, a logistics unit of Hyundai Motor Group, said Wednesday it will strengthen electric vehicle-carrying services due to growing market demand for EV models. Hyundai Glovis aims to win more EV-carrying deals this year to prop up its bottom line after shipping about 180,000 EVs, or 40 percent [...]
SEOUL, March 3 (Korea Bizwire) — Hyundai Glovis, a logistics unit of Hyundai Motor Group, said Wednesday it has sold a 30 percent stake in its polish affiliate Adampol S.A. to Changjiu Logistics for 18.3 million euros (US$22 million) in a move to strengthen partnership with the Chinese automotive logistics company. Hyundai Glovis said the [...]
SEOUL, Feb. 4 (Korea Bizwire) — Hyundai Glovis Co. has developed an exclusive container that enables dead electric vehicle (EV) batteries to be transported in an economically efficient manner. The logistics unit of Hyundai Motor Group announced on Wednesday that it acquired a patent for a Platform Container that is designed to transport a variety [...]
SEOUL, Feb. 1 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, saw the share of non-affiliate sales in its pure car and truck carrier (PCTC) operations reach an all-time high at 55 percent last year. Non-affiliate sales refer to the revenue it gained from other companies, excluding its affiliated Hyundai [...]