Global Logistics Giant
Korea Express excels in wide area of transportation with parcel delivery operations overseas
Korea Express is Korea's largest and most representative logistics company. It has a nationwide logistic infrastructure as well as advanced equipment and operating system and thus is able to provide best quality service in transportation, stevedoring, parcel delivery, warehousing car rental and other related businesses.
The company was launched in 1930 during the Japanese colonial period in Korea, marking the beginning of transportation in Korea and reflects the country's logistics history itself. As a countrywide logistics provider, Korea Express has played an important role for the development of national industry in the country's modern history, and has been a major driving force behind the creation of national welfare and prosperous society.
With the company fully aware of the changes in the global market and logistics has been emerging as a new key factor of national competitiveness, Korea Express is preparing to advance beyond top domestic company as the world-class logistics provider.
The company has been building its logistic cluster in Northeast Asia, incorporating Korea, China and Japan. The company also has been following its plan to be a leading world logistics firm with its global network covering Europe, North and South America, through the set up of joint venture with international logistics companies
Korea Express also is ready to make contribution to the flourishing inter-Korean economic cooperation by providing full logistics operation for the growth of inter-Korean economic exchange. The company plans to set up logistics bases in North Korea when inter-Korean railroads are opened and go step further to build transcontinental logistics networks linking with TCR and TSR extending to Rotterdam in Europe.
Korea Express will expand investment to business facilities for future sales in order to create profit increase. Firstly, the company will make investment to secure port facilities aiming expansion of international logistics connected with port operation.
At the present time, the company operates port bases and perform stevedoring service at 22 major ports in Korea. Particularly, Korea Express Busan Container Terminal has been recognized to have achieved best productivity in the world. The record has been publicly proved again in 2005, when it was selected a "Terminal of the Year"by Busan Port Authority.
The company has been engaged in all phases of logistics businesses starting from inland transportation, including truck, heavy freight transportation, and railroad transportation, Coastal shipping, stevedoring at Busan Container Terminal, Gwangyang Container Terminal, General Harbor Loading and Unloading, international freight forwarding, international events and special freight. Its overseas businesses include Libya's Great Man-made River Project and retail customer services including parcel delivery, international parcel delivery, Korea Express Mart, environment business, car rental and moving services and maintenance and oiling services.
Korea Express with 76 years of business tradition, has been exerting its efforts to building an international global network and international logistics business since the arrival of President & CEO Lee Kook-dong. The company has been going all-out to upgrade its position as a global logistics firm through the launch of new businesses at home and set up of overseas subsidiaries, with the company obtaining a license from the government as an integrated logistics company this year.
In January, the company set up Korea Express Saigon Co. in Vietnam, a joint-venture logistics firm in Vietnam followed by the launch of Korea Express Shanghai Co. in March in Shanghai. In July, the company opened Korea Express Japan Co., a marine and air stevedoring forwarding, third party logistics, warehouse management and trading company in Japan. Korea Express plans to set up its bases in Fukuoka and Osaka by the first half of next year. The company also plans to open offices in Atlanta, and Dallas through its U.S. subsidiary to operate warehousing,
transportation, forwarding, international parcel service and household moving overseas. It will have 10 offices in the U.S. altogether.
In the meantime, the company's international logistics business has been flourishing. It has been operating a new knock down center in Incheon for GM Daewoo to deliver auto parts and semi-finished parts to 14 different countries. The company has been the only logistics firm in the country operating the car ferry between Pyeongtaek and Tokyo through the Korea-China-Japan network transporting precision products including semiconductor chips.
Korea Express is also close to completing the Great Man-made River project in Libya dubbed as a miracle in the desert. President Lee visited Libya in May and met with head of the authority of the project to receive a word of commitment from him that Korea Express will be awarded with the project to lay pipelines of the oil project being pushed by Libya. President Lee said at the beginning of this year, that international business would be expanded to reach 50 percent of the company's work from the current 30 percent under a long-term project.
More than 90 percent of domestic freight is distributed by truck. Korea Express employs scientific methods to link hundreds of transportation bases in all areas from Seoul to Busan, the nation's largest port delivering domestic industrial freight to container transportation for import and export, the company provides the best services available by using scientific and systematic methods. In particular, the company takes full responsibility for meeting the demands of customers by choosing the most appropriate equipment and economical transportation routes depending on the cargo.
In addition, a cyber transportation information system (webtruck.korex.co.kr)a unique high-tech information system which provides information on customer freight real-time, is operated by the company. Korea Express is the best inland transportation company in Korea through its differentiated and advanced services to the extent that it is a vital link between producers and the marketplace.
As the sole forwarder in Korea licensed to transport general freight by rail, Korea Express operates the nation's largest number of 326 branch offices, sales offices and agencies, all absorbing an annual freight volume of 26 million tons. The company also handle public supplies and corporate freight speedily and safely, as well as small package deliveries for the Korean National Railroad.
The company operates coastal freighters calling at main harbors, equipped with modern facilities such as exclusive barges, various cranes, and conveyor belts, for smooth loading and unloading of cargo. The company is unparalleled as a coastal carrier in Korea. Currently, coastal transportation is expanding to absorb part of the truck transportation market. The company operates coastal freighters such as two Ro/Ro type 3,000 ton/6,000 ton barges and four heavy freighters for a comprehensive logistics system that overcomes the limitations of purely overland services. Considerable investment will be made to establish an integrated network connecting all of Korea's harbors with in-land industrial sites to greatly strengthen the economic competitiveness of the country. The company has been chosen as the carrier of equipment for the North Korean light-water nuclear project, thus contributing to inter-Korean economic cooperation. nw
Korea Express Co. President Lee Kook-dong.
Prime Minister Han Myung-sook on a tour of the Great Man-made River project being undertaken by Korea Express in Libya.
A view of the Korea Express Home Office building in Seoul.
(Photos from above) A Korea Express man taking an order for parcel delivery from a customer;A Korea Express man makes a parcel home delivery; A Korea Express truck loaded with bags of rice to delivered to North Korea in the form of an aid from South Korea; A fleet Korea Express trucks heading to North Korea with rice aid; A Korea Express coastal vessel; A Korea Express container feed vessel loaded with containers. |