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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 [...]