Connecting Freight, Shipping, and SCM Insights Worldwide
Orion and the National Federation of Fisheries Cooperatives (Suhyup) are jointly investing $60 million to establish a new venture, aiming to take K-Seafood to the global stage. Orion and Suhyup Target Global Seafood Market Orion and Suhyup will invest KRW 60 billion (approx. $60 million) to create a joint venture, “Orion Suhyup.” This marks a … Read more
Korea’s Fair Trade Commission conditionally approved the Gmarket–Alibaba joint venture. With strict data separation rules and global expansion plans, the JV could reshape Korea’s e-commerce landscape. Conditional Approval for Gmarket–Ali JV On Sept. 18, the Korea Fair Trade Commission approved the joint venture “Grand Opus Holding” under conditions. The JV will jointly manage Gmarket, Auction, … Read more
Once aspiring to be a unicorn, fashion platform operator Newnex has filed for court receivership. Sluggish domestic consumption and the rise of Chinese ultra-low-cost platforms have triggered another wave of industry crisis. Brandy and Hiver Operator Seeks Court Protection Newnex, which operates women’s platform Brandy and men’s platform Hiver, has filed for court receivership after … Read more
India has announced plans to establish a national container shipping line by 2030 and build half its vessels at domestic shipyards by 2035, signaling a bold push for maritime self-reliance. National Container Shipping Line by 2030 India aims to launch a national container carrier by 2030 and build 50% of its fleet at domestic shipyards … Read more
Behind Korea’s booming e-commerce lies the struggle of delivery drivers: rising parcel volumes, shrinking pay, physical exhaustion, and fragmented labor solidarity. Surging Volumes, Growing Burden Online communities and social media reveal drivers’ biggest concern: parcel surges. During sales or apartment move-ins, workloads can jump 1.5x above average, with some handling 230–300 parcels per day. This … Read more
U.S. tariffs on China and geopolitical tensions are reshaping global supply chains. Vietnam, Southeast Asian ports, and new shipping alliances are emerging as pivotal players. Global Trade Order and Tariff Changes Recent U.S. tariffs on Chinese goods and geopolitical frictions are disrupting global supply chains. The U.S. has imposed 25% tariffs and additional penalties on … Read more
Following the TiMon-WeMakePrice settlement issue and Homeplus’s restructuring, Korea debates whether shortening settlement cycles will truly protect suppliers—or create new risks. Is Shortening Settlement Cycles the Answer? After the TiMon and WeMakePrice (TiMeP) settlement crisis and Homeplus’s court receivership, the government has pushed for shorter settlement cycles to protect suppliers. Yet, experts warn that a … Read more
As telemedicine moves toward legalization in Korea, prescription drug delivery has become a hot issue. The challenge is finding a balance between patient convenience and drug safety. Prescription Delivery: Where Are We Now? With the legalization of telemedicine on the horizon, prescription drug delivery is once again under debate. Currently, delivery is allowed only in … Read more
Amazon is scaling up same-day grocery delivery across the U.S., highlighting key challenges and opportunities for Korea’s already heated dawn delivery market. Amazon Expands Same-Day Grocery Delivery Amazon announced plans to offer same-day grocery delivery in 2,300 U.S. locations by the end of this year. Already active in over 1,000 cities, the company is expanding … Read more
Korean Air has announced its largest-ever aircraft investment, signaling a bold step toward becoming a global top-tier airline. Korean Air’s Record-Breaking Boeing Investment Korean Air signed an MOU with Boeing for 103 next-generation fuel-efficient aircraft, valued at $36.2 billion (₩50 trillion). This marks the airline’s largest order and the biggest Boeing fleet order by an … Read more