SEOUL, May 20 (Korea Bizwire) — South Korea said Wednesday it aims to supply hydrogen fuel-cell electric trucks in 2023 following a two-year test project as it strives to use hydrogen vehicles in the non-passenger transportation sector as well. The trade, environment, transport ministries, and the nation’s leading logistics firms have signed a memorandum of [...]
SEOUL, Apr. 17 (Korea Bizwire) — The defense ministry said Wednesday that it plans to establish a defense “big data” system this year as part of efforts to enhance the military’s logistical capabilities by harnessing cutting-edge technologies. It is one of the ministry’s 18 plans to be pushed for this year under the Defense Reform [...]
SEOUL, SOUTH KOREA, Jan. 15 (Korea Bizwire) - Intra-Asia Trade continues to grow steadily as Asia and the Pacific saw its gross domestic product (GDP) rise from 30.1% in 2000 to 42.6%[1] in 2017, and account for more than a third of global exports. Average container utilization globally is expected to increase significantly from 68% in [...]
SEOUL, Oct. 1 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics firm, said Monday it will build a new distribution center and hire thousands more couriers in Thailand in the next two years to become the No. 1 player in the Southeast Asian country’s parcel service sector. The company began its parcel [...]
SEOUL, Jul. 25 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, has invested in last-mile logistics companies as part of efforts to secure a new growth driver, the company said Wednesday. Last-mile logistics refers to the final step of the delivery process from a distribution center or facility to the end [...]
LONDON, Jul. 12 (Korea Bizwire) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announces that Ontex UK, one of the world’s leading suppliers of disposable personal hygiene products, has improved its UK home delivery service and fleet utilization with the Descartes route planning solution. The system was implemented [...]
ROTTERDAM, The Netherlands, May 8 (Korea Bizwire) — Logistics tech startup Qwyk announced the public launch of their QwykSchedules™ product. Qwyk’s products are designed to transform the way logistics companies interact with their customers. QwykSchedules is a new product that aims to offer a digital solution for logistics companies who want to publish and market [...]
TOKYO, JAPAN, Jun. 6 (Korea Bizwire) – Frameworx, Inc., a Daiwa House Group company, which develops distribution systems (headquartered in Shizuoka prefecture, president: Jun’ichi Akiba) and YRP Ubiquitous Networking Laboratory (Located in Tokyo and Kanagawa, directed by Ken Sakamura, Dean of Information Networking for Innovation and Design (INIAD) at Toyo University) will hold a second [...]
SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]
BUSAN, March 15 (Korea Bizwire) – Still reeling from the Hanjin Shipping crisis, South Korea’s largest port is incorporating Internet of Things technology to transform into a high-tech logistics destination. In accordance with a MOU signed on Tuesday, Lotte Data Communication, with its IoT technology, and KL-NET, a port logistics IT company, will be developing [...]