SK C&C establishes logistics joint venture with Jusda – The Korea Herald

SK C&C, an IT service unit of South Korea’s conglomerate SK Group, established a logistics joint venture called FSK L&S with Jusda to jointly boost the ICT technology-based logistics business between Korea and China, the company said Friday.

Jusda is a logistics subsidiary of the Chinese company, Foxconn.

SK C&C CEO Park Jung-ho (third from right) cuts a cake with his counterpart at the FSK L&S inauguration ceremony held in Pangyo, Gyeonggi Province, Friday. (SK C&C)

The two parties unveiled comprehensive logistics solution brand Kerol that can track and monitor the flow of the logistics in real-time in any region and suggests the fastest route. This is a new ICT technology-based logistics platform that utilizes consulting, Internet of Things, artificial intelligence and big data, SK C&C said.

It will promote its latest solution platform to over 200 customer companies of Jusda and SK C&C in 2017.

Next month, FSK L&S will also carry out legal procedures for logistics business process outsourcing in China. It is also preparing for an online logistics business between Korea and China.

“(FSK L&S) will achieve logistics innovation by utilizing the ICT technology and eye to contribute to boosting the competitiveness of Korean companies,” said Ko Jae-beom who will head the new company. Ko is in charge of logistics business at SK C&C.

By Lee Hyun-jeong (rene@heraldcorp.com)

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