Lotte Logistics (

Korean Korean may refer to: People and culture * Koreans, people from the Korean peninsula or of Korean descent * Korean culture * Korean language **Korean alphabet, known as Hangul or Korean **Korean dialects **See also: North–South differences in t ...

: 롯데택배, formerly 현대택배) is a

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

and

shipping Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ...

company headquartered in

Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...

Korea Korea is a peninsular region in East Asia consisting of the Korean Peninsula, Jeju Island, and smaller islands. Since the end of World War II in 1945, it has been politically Division of Korea, divided at or near the 38th parallel north, 3 ...

, established in 1988. It is a subsidiary of

Lotte Corporation Lotte Corporation is a South Korean Multinational corporation, multinational Conglomerate (company), conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte was founded on 28 June 1948 by Korean businessman Shin Kyuk- ...

. Lotte Logistics is known for its white trucks and also operates its own commercial vehicles. Major Korean competitors include

Korean National Railroad The Korea Railroad Corporation () is the national railway operator in South Korea. It is branded as KORAIL () and changed its official Korean name () in November 2019. Currently, KORAIL is a public corporation, managed by Ministry of Land, ...

(Korail),

Hutchison Whampoa Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a dive ...

Hanjin The Hanjin Group () is a South Korean chaebol. The group has various industries covered from transportation and airlines to hotels, tourism, and airport businesses, and is one of the largest chaebols in Korea. The group includes Korean Air (KA ...

, Terzo Logistics, and Daehan Logistics. Historically, Hyundai only faced competition from Korail for the inexpensive ground-based delivery market. However, Hanjin and Daehan Logistics have expanded into the ground market by acquiring Shipyard Cargo Containing and RPS (originally

Roadway Package System FedEx Ground Package System, Inc., also known simply as FedEx Ground, is an American ground package delivery company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. It is a subsidiary of the FedEx Corporation. The comp ...

) and rebranded it as Hyundai Ground. In addition, all logistic acquired Korail and Hutchson Whampoa. Today Lotte Logistics offers ground, ocean and air transportation, rail and over-the-road freight products; international trade management; customs brokerage; consulting and supply chain design; e-commerce solutions; logistics and distribution capabilities, cargo containing, shipping, and financial services related to the supply chain.

References

External links

lotte Logistics
- Official Website (in Korean) {{SouthKorea-company-stub

Logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

Logistics companies of South Korea Transport companies established in 1988