The Seoul-headquartered firm said it has expanded its network aggressively this year to strengthen its presence in the global logistics market and is developing strategic business partnerships with other firms.
“Although economic downturn has been damaging the shipping industry since early this year, we still see some potential areas where we can explore new growth opportunities, especially for our 3PL business unit,” said S.H. Lee, Hanjin Logistics’ strategic planning team head in Seoul. “MENA (Middle East and North Africa), South America, China and India are those markets. We are now trying to expand our network there and lift service quality to meet customers’ requirements.”
The company said that it has signed memorandums of understanding with large regional logistic companies in Africa, Turkey and China.
Hanjin Logistics is now operating in 48 countries for more than 300 customers.
Brokerage Compliance Symposium
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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