Logistics Tag

South Korea's antitrust authority, the Fair Trade Commission (FTC), has fined six logistics firms including CJ Logistics [000120:KS], Dongbang Transport Logistics [004140:KS], and others a total of KRW6.5bn (USD5.06m) for price rigging, as reported by the Korea Herald on June 14. Between 2016 and 2018, the...

The restructuring plan between the world’s two largest shipbuilders, Hyundai Heavy Industries [HYYYF:US] and Daewoo Shipbuilding & Marine Engineering (DSME) [042660:KS], is set for an EU antitrust veto, as reported by Korean Economic Daily on December 12 citing people familiar with the matter. The EU...

Green packaging has been a growing focus for green logistics development According to data published by Greenpeace, a global environmental NGO, driven by the booming e-commerce industry, China’s consumption of packaging materials increased from 20,600 tons in 2000 to 9.42m tons in 2018, creating huge amounts...

en_USEnglish