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 [...]
SEOUL, Jan. 28 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has added air cargo to its business portfolio, establishing a strategic base of operations in Germany. The company announced on Wednesday that it recently opened a branch for a new air freight forwarding division at Frankfurt Airport. This move [...]
SEOUL, Aug. 27 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of South Korea’s Hyundai Motor Group, is taking steps to develop a close-to-life logistics service in collaboration with a local self-driving robot developer. The company signed a memorandum of understanding (MOU) with self-driving robot maker Twinny on Wednesday to develop a close-to-life logistics [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Thursday it has set up two joint ventures (JVs) in China to advance into the local secondhand car and shipping markets. Hyundai Glovis and Beijing Changjiu Logistics Co. have formed two separate joint ventures — Beijing Changjiu Glovis [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of South Korean auto giant Hyundai Motor Group, is working with U.S. carmaker Tesla Motors Inc., industry sources said Friday. Some 4,000 Model 3 electric vehicles (EVs) were loaded onto a Hyundai Glovis transport ship in San Francisco heading for Europe on Tuesday [...]