CJ Logistics to expand US footprint with three new strategic hubs
South Korea’s largest 3PL group, CJ Logistics, will spend around $457m building logistics centres in ...
Alessandro Pasetti for Ti.com: “2018 was a record year for CJ Logistics (formerly CJ Korea Express), which has been adding well over KRW1 trillion ($890m) annually in sales, on average, ever since 2015. To scale up, it is using a mix of capital deployment tools, boosting inorganic growth via M&A, with deals mainly targeting expansion close to its home market.”
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