transportation industry Archives

Transportation Industry Sales Hit New High in 2019

SEOUL, Dec. 8 (Korea Bizwire) — Sales of South Korea’s transportation industry reached an all-time high in 2019 thanks to a surge in demand for home deliveries, government data showed Tuesday. The transportation sector’s top line stood at nearly 152 trillion won (US$140 billion) last year, up 3.5 percent from the previous year, according to [...]

Korea’s Transportation Sector under a Downturn

SEOUL, Nov. 27 (Korea Bizwire) – Korea’s transportation industry has shrunk for the first time in four years. As the shipping industry suffers from a severe slump, the cargo volume across the sea plummeted, which led to the downturn of the transportation industry as a whole in South Korea. The total sales of marine transportation [...]