CJ Logistics Wins Grand Prize for Best Win-Win Cooperation Case with Shippers and Consignees

[Asia Economy Reporter Hyunseok Yoo] CJ Logistics has been selected as the number one best practice in win-win cooperation between shipping companies and cargo owners for establishing a cold chain multimodal logistics service connecting Busan Port and the U.S. West Coast in collaboration with domestic shipping companies.

The innovative technology company CJ Logistics announced on the 19th that it received the grand prize, the highest award, at the "Win-Win Cooperation Best Practice Competition between Shipping Companies and Cargo Owners" hosted by the Korea Maritime Promotion Corporation.

The case for which CJ Logistics received the grand prize is the "Reefer Round-Trip & Trucking" service. The core of this case is cooperating with SM Line to establish a round-trip service system for import and export refrigerated and frozen cargo between Busan Port and ports on the U.S. West Coast.

Reefer round-trip refers to maritime logistics that transport cargo by loading refrigerated (reefer) containers on vessels operating on regular shipping routes back and forth, while trucking refers to inland transportation services using large freight trucks. This cold chain service utilizing temperature-controlled refrigerated containers is suitable for long-distance transportation of cargo requiring temperature management, such as fresh food and pharmaceuticals.

CJ Logistics plans to provide last-mile services that safely transport cargo from the port to the final destination desired by customers by linking the transportation capabilities and networks of CJ Logistics America, its integrated U.S. subsidiary.

The CJ Logistics case received favorable evaluations for achieving win-win cooperation that creates global synergy by combining the strengths and know-how of logistics companies and shipping companies in land and maritime transportation capabilities.

The Win-Win Cooperation Best Practice Competition between Shipping Companies and Cargo Owners has been held since last year by the Korea Maritime Promotion Corporation to encourage cooperation between certified excellent shipping and cargo owner companies. "Shipping companies and cargo owners" refers to shipping lines and cargo owner companies, such as international logistics companies or import/export companies, that entrust cargo transportation to them.

The excellent shipping and cargo owner company certification system has been implemented by the Ministry of Oceans and Fisheries since 2020 to promote win-win cooperation between shipping and cargo owner companies, with certification managed by the Korea Maritime Promotion Corporation. CJ Logistics received certification in the first year of implementation.

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