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Hanjin, China's AWOT set up e-commerce logistics JV

Korea Economic Daily LogoKorea Economic Daily2h ago

Hanjin, China's AWOT set up e-commerce logistics JV - Korea Economic Daily

Quick Summary:

Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China’s AWOT Global Corporation to boost global delivery services for Chinese retailers.

Their JV, Hanjin Global Express Shenzhen, is expected to beef up Hanjin's global presence beyond the saturated domestic market, where it is trailing CJ Logistics Corp.and Coupang Logistics Service Co., a unit of the country's largest e-commerce player Coupang Inc..

Hanjin will be in charge of their customs clearance and transportation in South Korea and Japan, using its global distribution center in Incheon International Airport, the main air gateway to South Korea and overseas units".

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 17:43:30 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22389548

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 15 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 2 hours ago

Coverage Areas: South Korea

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Publication Timezone: GMT +8:00

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Publisher ID: #91

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