CJ Logistics and the Korea Chamber of Commerce and Industry Offer Benefits to Member Companies Using 'The Unban'

CJ Logistics announced on the 4th that it has signed a ‘Corporate Logistics Preferential Service Partnership Agreement’ with the Korea Chamber of Commerce and Industry. Various benefits, including freight discounts, will be provided to member companies of the Korea Chamber of Commerce and Industry nationwide that use CJ Logistics’ digital transportation platform, ‘The Unban.’ Companies wishing to participate can access the preferential services through the websites of ‘The Unban’ and the ‘Korea Chamber of Commerce and Industry.’

Through this partnership agreement, CJ Logistics is expected to further expand the operational scale of The Unban by securing various shippers nationwide. It is anticipated that a virtuous cycle structure activating both shippers and carriers on the platform can be created. The Korea Chamber of Commerce and Industry believes that this will not only reduce logistics costs for member companies but also improve operational efficiency through digital-based transportation tasks.

The Unban by CJ Logistics is a transportation platform that proposes real-time optimal freight rates using artificial intelligence (AI) and big data technologies and directly connects shippers and carriers without intermediaries. A pilot service was conducted after its launch in December last year. Based on stable operation and advanced technology, full-scale operation began in July.

The Unban plays a significant role in resolving the chronic multi-level issues pointed out in the existing freight transportation market. Since shippers and carriers are directly connected through the platform, excessive fees previously paid to intermediaries during the process can be eliminated. This reduces logistics costs for shippers and increases income for carriers.

The Unban utilizes big data technology to predict future traffic volumes and proposes optimal routes. Additionally, blockchain technology has been applied to develop a ‘real-time return route system’ that enables tamper-proof electronic delivery receipts and matches round-trip loads. This system is planned to be implemented in the second half of the year.

CJ Logistics plans to continue system improvements and various promotions so that more shippers can benefit from logistics cost reduction and improved operational convenience.

Choi Hyung-wook, Executive Director of CJ Logistics’ Digital Logistics Platform CIC, said, “We have created a rational structure where benefits are distributed to both sides through a method that directly connects shippers and carriers without intermediaries. We will continue to actively expand the number of shippers to scale up platform operations and strive to enhance user convenience and reduce logistics costs.”

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