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01

bibigo Gimbap is now in Australia
2024.05.23

02

CJ CheilJedang Dazzles Foodies in New York City
2024.06.05

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Schwan’s Company names Brian Schiegg as new CEO
2024.06.04

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Exciting New CJ ENM Content for June 2024
2024.06.11

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CJ Logistics Expands Global E-Commerce Network
2024.06.10
Partnerships forged with leading local logistics firms set to expedite global delivery, bypass logistical challenges and drive down traditional shipping costs CJ Logistics, in collaboration with leading logistics firms in the U.S. and Japan, is set to establish a one-stop, cross-border e-commerce logistics network aimed at streamlining export customs clearance, freight forwarding and local delivery services.In the U.S., CJ Logistics will be partnering with FedEx and other key local logistics companies to facilitate the supply chain process, with CJ Logistics handling freight forwarding to major hubs like Los Angeles International Airport and New York’s JFK International Airport. From there, local parcel companies with last-mile delivery networks will ensure products make it to their final destinations.Similarly, in Japan, CJ Logistics will join with the top two local parcel services that will oversee end delivery from Tokyo’s Haneda and Narita Airports.In April this year, CJ Logistics established a customs clearance and delivery service agreement with Singaporean logistics company Ninja Van, bolstering its Southeast Asian logistics network. Under this agreement, when CJ Logistics ships products to Southeast Asia, Ninja Van will handle customs and delivery services within six countries: Singapore, Malaysia, Indonesia, Vietnam, the Philippines and Thailand.With CJ Logistics’ growing network now spanning Korea, the U.S., Japan and Southeast Asia, cross-border e-commerce customers and partners can expect a significant reduction in logistical challenges. Additionally, collaborating with local logistics companies across the globe will help drive down the cost of traditional international express services, particularly benefiting CJ Logistics’ K-pop merchandise and album business clients and the fandom customers they export to worldwide.The cross-border e-commerce market is expected to grow steadily as Korean e-commerce companies continue to actively target overseas markets to expand their sales channels. According to Statistics Korea, the total value of online direct overseas sales (or reverse direct purchases) in 2023 was 1.2 billion USD (1.66 trillion KRW). Of this, 166 million USD (228.1 billion KRW) was from the U.S., 165 million USD (226.7 billion KRW) from Japan and 66 million USD (90.8 billion KRW) from ASEAN countries.
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