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Korean logistics companies are boosting their investment in their facilities to cope with the country’s increasing direct purchases from China, industry sources said Tuesday. According to Korea Customs Service, the number of items purchased through Chinese online shopping platforms last year reached 88.8 million, up 70.3 percent on-year. The combined value of those transactions also came to some 3.3 trillion wo. ....
26 May 2021 (Last Updated May 26th, 2021 12:42) HMM has signed a MoU with five South Korean organisations to look into green ammonia supply chain solutions. Share Article Executives from HMM, KR, KSOE, Lotte Fine Chemical, Posco and Lotte Global Logistics sign the MoU. Credit: HMM. Shipping company Hyundai Merchant Marine (HMM) has signed a memorandum of understanding (MoU) with five South Korean organisations to launch a consortium for exploring feasible green ammonia supply chain solutions. Apart from HMM, the consortium includes Lotte Fine Chemical, Lotte Global Logistics, Posco, Korean Register (KR) and Korea Shipbuilding & Offshore Engineering (KSOE). The members will collaborate to develop an end-to-end supply chain for green ammonia, including its production, bunkering, storage and transportation. ....
Delivery workers strike Management, union should avoid catastrophe with dialogue The trilateral agreement on preventing delivery workers deaths from overwork is facing a crisis after just six days. The Parcel Delivery Workers Solidarity Union said Wednesday that it would enter into an indefinite strike from Friday because the logistics companies have already abrogated the accord. Suppose the strike at major logistics firms, such as CJ Logistics, Lotte Global and Hanjin Transportation becomes a reality in the run-up to the Lunar New Year holiday on Feb. 12. In that case, it will inevitably cause a huge amount of chaos and consumer damage. ....
Lotte hit for transferring workers to fill vacancy at logistics Posted : 2021-01-21 18:30 Updated : 2021-01-21 19:31 A delivery driver loads packages at a distribution center in Seoul, Nov. 10, 2020. / Korea Times file By Kim Jae-heun Lotte Group is embroiled in a controversy for requesting a temporary transfer of employees from its subsidiaries to its logistics firm, where it is falling short of workers ahead of the Lunar New Year next month. Lotte said it is a countermeasure to resolve the imbalance in job supply and demand between its subsidiaries caused by COVID-19. However, workers are suspicious of the intentions behind this plan, as the notice came just before the national holiday and they are being sent to Lotte Global Logistics. ....