CJ Logistics signs up ONE as strategic partner

CJ Logistics, South Korea’s largest third-party logistics provider, signed a collaboration agreement with Ocean Network Express (ONE) on 3 August, a month after sealing similar pacts with other carriers such as Evergreen Marine Corporation and SM Line.

The liner operators hope to increase cargo volumes through CJ Logistics’ network, while the latter aims to secure competitive freight rates.

CJ Logistics and ONE have also agreed to work together to secure container volumes to and from Asia, and to...

https://container-news.com/cj-logistics-signs-up-one-as-strategic-partner/

SM Line, CJ Logistics to expand Transpacific reefer shipping

South Korean liner operator SM Line and compatriot third-party logistics group CJ Logistics will work together to expand their logistics businesses in North America, after signing a memorandum of understanding (MoU) on 21 November.

The two companies will focus on the ocean freight and trucking of reefers, providing cold chain services between South Korea’s Busan port and the US West Coast.

CJ Logistics will tap into SM Line’s ocean logistics network and temperature-controlled reefer delivery...

https://container-news.com/sm-line-cj-logistics-to-expand-transpacific-reefer-shipping/

Seoul steps in to sort parcel deliveries as CJ Logistics’ strike goes on

South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) is taking urgent action to deliver over 200,000 stranded parcels resulting from a prolonged strike by subcontracted couriers of the country’s largest logistics company, CJ Logistics.
Around 1,700 workers hired by the sub-contractors have refused to work since 28 December, claiming their wage rise is disproportionate to what the company is charging customers.
MOLIT is hiring 10,000 personnel to sort and deliver the …

The post Seo...

https://theloadstar.com/seoul-steps-in-to-sort-parcel-deliveries-as-cj-logistics-strike-goes-on/

Busan Port considers volume-linked terminal rentals

Busan Port Authority (BPA), aware of the challenges facing liner operators, could offer volume-linked rental rates to terminal operators from 2022, ahead of the opening of the opening of Phases 2-5 and 2-4 of Busan New Port (BNP).

Currently, a fixed rent is paid based on the area of ​​the wharf, regardless of the amount of loading and unloading.

The volume-linked rental system could reduce the terminal operators’ financial burdens and discourage them from engaging in a price war by cutting fees.

Th...

https://container-news.com/busan-port-considers-volume-linked-terminal-rentals/

Korean logistics firm selects CyberLogitec solution

Korean freight company, CJ Logistics, has signed a contract to deploy OPUS Logistics, provided by CyberLogitec, maritime, port/terminal and logistics operations software, throughout their overseas subsidiaries and network.

CyberLogitec says the deployment will enable CJ Logistics to deliver an integrated and automated operating platform with improved communications and efficiency, increasing overall visibility and productivity.

JinWook Lee, CJ Logistics global forwarding department director,...

https://container-news.com/korean-logistics-firm-selects-cyberlogitec-solution/

Supply chain radar: Freight forwarding shakeout – US loses, Europe mixed, Asia takes it all

Here are some key highlights of comprehensive research – headed: “Global freight forwarder tracker” – published by UBS on Monday, 23 March, spanning air and ocean freight performance for the major freight forwarders worldwide (emphasis in bold added):
– “Chinese port activity is reported to be aligned with 2019 levels (Clarksons’) with economic activity recovering in China. As past weeks orders are fulfilled volumes are likely to decline as Europe/US demand comes …

The post Supply chain radar:...

https://theloadstar.com/supply-chain-radar-freight-forwarding-shakeout-us-loses-europe-mixed-asia-takes-it-all/

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