SK Energy and CJ Logistics Join Hands to Establish Eco-Friendly Urban Logistics Service

[Asia Economy Reporter Kim Hyewon] SK Energy is collaborating with CJ Logistics to develop new urban logistics services and transition commercial vehicles to eco-friendly models.

SK Energy and CJ Logistics announced on the 26th that they signed a memorandum of understanding (MOU) for "Urban Logistics Service Development and Eco-friendly Vehicle Transition Cooperation" at the SK Seorin Building in Jongno-gu, Seoul. The event was attended by SK Energy's Oh Jonghoon, P&M CIC CEO, and CJ Logistics' Shin Youngsoo, Head of the Parcel Division, among others.

Through this MOU, the two companies will collaborate on ▲ developing urban logistics facilities and delivery services ▲ transitioning their commercial vehicles to eco-friendly vehicles (electric and hydrogen vehicles) ▲ enhancing the welfare of CJ Logistics' truck owners through SK Energy's truck membership services and rest areas ▲ and jointly pursuing a battery recycling business to address ESG (environmental, social, and governance) concerns.

SK Energy and CJ Logistics plan to establish urban logistics facilities (Micro Fulfillment Centers, MFCs) capable of handling storage and delivery of goods within the city and jointly operate new logistics services. MFCs located throughout the city will enable short-distance deliveries, increasing inventory turnover while providing customers with faster delivery services.

Additionally, the two companies will cooperate to accelerate the transition of CJ Logistics' delivery vehicles to electric and hydrogen vehicles. SK Energy plans to build charging infrastructure for electric and hydrogen vehicles at multiple hubs, including MFCs and CJ Logistics' logistics terminals, and operate a charging membership service. They will also jointly develop eco-friendly projects such as recycling used batteries from CJ Logistics' delivery vehicles.

Furthermore, they will work together to improve the welfare of CJ Logistics' truck owners. SK Energy will provide CJ Logistics' truck owners with access to truck rest areas at SK Net Truck House and prioritize support for the commercial vehicle platform "Muffin Truck," which offers tax support, joint purchasing of consumables, and transportation management.

CEO Oh said, "Through cooperation with CJ Logistics, the number one player in the parcel delivery industry, we have secured an opportunity to promote differentiated and innovative urban delivery services based on urban MFCs. In addition to launching new businesses, we will work to reduce carbon emissions from commercial vehicles and enhance the welfare of truck owners, thereby increasing synergy between the two companies and continuing efforts for ESG management."

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