CJ Logistics to Raise Small Parcel Delivery Fee by 250 Won Starting Next Month

[Asia Economy Reporter Dongwoo Lee] CJ Logistics, the leading company in the domestic courier market, will raise the courier fee by 250 KRW for small packages starting from the 1st of next month.

According to the industry on the 25th, CJ Logistics distributed guidelines to frontline agencies starting next month that include a 250 KRW increase in the contract price for small packages (sum of three sides 80 cm, weight 2 kg or less). Accordingly, the small package delivery fee is expected to rise overall, increasing from the existing 1,600 KRW to 1,850 KRW.

Earlier this month, Lotte Global Logistics raised the courier fee for small packages, and Hanjin Express is also in negotiations to realize courier fee adjustments, including recently not renewing contracts with some low-priced contract companies.

As a result, the small package courier fees of major courier companies such as CJ Logistics, Hanjin, and Lotte are expected to increase by about 1,800 KRW. However, CJ Logistics decided not to raise courier fees for individual customers.

The increase in courier fees was largely influenced by the increased cost burden on courier companies due to measures to prevent courier drivers' overwork, including additional manpower deployment. Minimum wage increases and terminal rental fee hikes also had an impact.

This content was produced with the assistance of AI translation services.