Shin Young-soo, CEO of CJ Logistics, stated that "achieving results in the global market is crucial for greater growth."
According to CJ Logistics, during the '2026 Second Half Town Hall Meeting' held on August 27 at the company's headquarters in Jongno, Seoul, Shin emphasized, "It is time to enhance the quality of growth beyond mere expansion."
At the event, Shin and employees participated both online and offline to review key management achievements and share insights on future growth directions.
Shin highlighted the significance of the double-digit growth in parcel volume and fulfillment revenue in the first half of the year, indicating continued expansion.
However, he noted that external factors, such as the conflict in the Middle East, have led to a decrease in operating profit, making it essential to connect growth in scale with profitability moving forward.
CJ Logistics reported a consolidated revenue of 3.38 trillion won for the second quarter of this year, a 10.9% increase compared to the same period last year. In contrast, operating profit fell by 11.9% to 101.6 billion won.
The O-NE (parcel delivery) segment saw a 12.1% increase in volume, while early morning and same-day delivery volumes surged by 65%. However, investments in service enhancement and deteriorating external conditions have put pressure on profitability.
Shin pointed out the need to expand new volumes based on differentiated delivery, fulfillment, and digital middle-mile competitiveness in South Korea, while also enhancing market position and profitability through operational efficiency.
He further stressed the importance of expanding business areas and customer bases globally, where larger markets and growth opportunities exist, to secure new growth drivers.
To this end, CJ Logistics plans to designate the U.S. and India as strategic markets, broadening its logistics network and customer base while continuing investments.
The company will also strengthen its end-to-end (E2E) logistics capabilities, connecting global forwarding with local contract logistics (CL) to cover everything from cargo transportation to storage and distribution.
To achieve both growth and profitability, the company will continue to refine its business portfolio through selective focus.
In Vietnam, CJ Logistics secured 100% ownership of CJ Gemadep Logistics in April and separated its non-core shipping business. This restructuring aims to concentrate resources on the high-growth contract logistics sector.
Shin remarked, "To achieve a quantum leap, we must ultimately find new growth solutions in the larger global market," adding, "While realizing the growth potential of our global business, we must also secure overwhelming competitiveness and profitability domestically to lead CJ Logistics into a new phase of development."
Meanwhile, at the event, the FT Division's 16th branch received the Best Organizational Award for its achievements in designing customer-tailored logistics services and stable site relocations. The Global 2 Division's India team was awarded the Excellent Organizational Award for contributing to the expansion of contracts with Indian Group affiliates.
* This article has been translated by AI.
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