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CJ Logistics Partners with Shippers to Strengthen Integrated Logistics Capability

CJ Logistics Partners with Shippers to Strengthen Integrated Logistics Capability

SEOUL, June 21 (Korea Bizwire) — CJ Logistics Corp. has established strategic partnerships with domestic and international shippers to enhance its integrated logistics capabilities. During the past eight months, the South Korean logistics giant has entered into agreements with four shipping companies, including SM Line Corp. and Taiwan’s Evergreen Marine Corp., to bolster its global [...]

S. Korea’s Logistics Industry Seeks to Improve Working Conditions of Couriers

S. Korea’s Logistics Industry Seeks to Improve Working Conditions of Couriers

SEOUL, Nov. 25 (Korea Bizwire) — As part of measures to improve its work environment, Hanjin Transportation Co., a logistics company, will use smartwatches to track the signs of potential health problems among couriers, who are suffering from an excessive workload with the recent surge in online orders. Hanjin said on Tuesday it had distributed [...]

Urea Water Shortage Could Set Off Logistics Crisis

Urea Water Shortage Could Set Off Logistics Crisis

SEOUL, Nov. 3 (Korea Bizwire) — Supply chain worries loom over the South Korean economy as China has started to impose limits on exports of urea. Urea water is indispensable in an emissions control system called selective catalytic reduction (SCR). Vehicles powered by diesel engines are required to be equipped with SCR systems, which are [...]

Air, Maritime Shipping Costs Hit Record Highs amid Pandemic

Air, Maritime Shipping Costs Hit Record Highs amid Pandemic

SEOUL, Oct. 10 (Korea Bizwire) — The costs of air and maritime cargo shipping surged to their all-time highs in South Korea, as logistics giants reduced their international schedules amid the COVID-19 pandemic, industry data showed Sunday. The average air freight rate from the benchmark Hong Kong-United States routine stood at US$9.74 per kilogram as [...]

Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

Ministry to Employ Latest Technologies to Boost Military Logistics Efficiency

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 [...]

Rhenus Asia-Pacific Strengthens Customer-focused Strategy as it Continues Intra-Asia Push

Rhenus Asia-Pacific Strengthens Customer-focused Strategy as it Continues Intra-Asia Push

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 [...]