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CJ Logistics Expands Global Reach with New Cross-Border Logistics Network

Partnerships with Leading Logistics Companies in the US, Japan, and Southeast Asia Enhance One-Stop Delivery Services
South Korea
c 000120.KO Mid and Small Cap 2000
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CJ Logistics announced on May 29 the establishment of a comprehensive cross-border logistics network through partnerships with top logistics companies in the United States and Japan. This network is designed to provide seamless one-stop services, including export customs clearance, freight forwarding, and local delivery.

In the United States, CJ Logistics has teamed up with leading logistics companies, including FedEx, to manage deliveries. Utilizing air freight forwarding, shipments are transported to major hubs such as Los Angeles International Airport (LAX) and New York JFK International Airport. From there, local logistics companies with extensive last-mile delivery capabilities ensure timely delivery to final destinations.

In Japan, CJ Logistics has secured delivery contracts with the top two local courier companies. These companies handle the final delivery of products purchased through reverse direct procurement, starting from airports like Tokyo Narita Airport to the end customers.

Expanding its reach further, CJ Logistics signed a customs clearance and delivery service contract with Ninja Van in April to bolster its cross-border logistics business in Southeast Asia. Ninja Van manages customs clearance and delivery in six countries: Singapore, Malaysia, Indonesia, Vietnam, the Philippines, and Thailand.

This expansive logistics network across South Korea, the United States, Japan, and Southeast Asia is expected to significantly reduce the logistics burden for sellers engaged in reverse direct procurement. Additionally, economies of scale achieved through collaboration with global logistics partners are anticipated to lower logistics costs substantially compared to traditional international shipping methods.

CJ Logistics is leveraging these strategic advantages to accelerate its reverse direct procurement business, particularly focusing on handling K-pop goods and albums for fandom business clients. This move positions the company to meet the growing demand for efficient and cost-effective logistics solutions in the global market.

 

 

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