INDUSTRY

CJ Logistics CEO vows to raise growth quality, target US and India markets

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Park Hye-won
Published : Aug. 30, 2026 - 08:55:53
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'First-half topline growth must translate into profitability'

'Global expansion to center on US, India as strategic markets'

CJ Logistics CEO Shin Young-su shares the company's future growth strategy with employees at a town hall meeting held Thursday at the company's headquarters in Jongno-gu, Seoul. [CJ Logistics]
CJ Logistics CEO Shin Young-su shares the company's future growth strategy with employees at a town hall meeting held Thursday at the company's headquarters in Jongno-gu, Seoul. [CJ Logistics]

CJ Logistics CEO Shin Young-su said the company will accelerate growth by focusing on strategic markets including the United States and India.

CJ Logistics held its second-half town hall meeting for 2026 at its headquarters in Jongno-gu, Seoul on Thursday, sharing first-half business results and second-half strategies with employees. Shin and other staff attended the event in person and online, reviewing key performance highlights and discussing the company's growth direction going forward.

Shin noted that the company achieved topline growth in the first half despite a difficult business environment, with parcel volumes and fulfillment sales both posting double-digit gains. However, operating profit declined due to external factors including the war in the Middle East, and he said topline growth must be converted into profitability.

"It is time to go beyond expanding our scale and raise the quality of our growth," Shin said. "Generating results in global markets is particularly important for achieving greater growth."

Domestically, the company plans to grow new volumes by leveraging its differentiated delivery, fulfillment and digital middle-mile capabilities while continuing to improve operational efficiency. Internationally, it aims to secure new growth engines in global markets.

To that end, CJ Logistics plans to expand its network and customer base in strategic markets such as the US and India while continuing strategic investment. The company also intends to strengthen its end-to-end logistics competitiveness — covering freight transport, warehousing and outbound delivery — by linking its global forwarding business with local contract logistics capabilities, and to accelerate both the expansion of business with existing customers and the acquisition of new global clients.

The company is also continuing to restructure its business portfolio. CJ Logistics recently wound down a non-core shipping operation in Vietnam to concentrate on its contract logistics business, as part of broader efforts to improve the health of its overseas operations.

The event also included an awards ceremony recognizing teams and employees who contributed to business performance and competitiveness. The FT Division's Operations Branch 16 took the top organizational award for designing customized logistics services for clients and successfully managing a stable hub relocation. The Global Division's India team received the organizational excellence award for its role in expanding orders from affiliates of India's Suwi Group. The top individual award went to a global sales representative who proactively identified opportunities in the biotech sector and secured an integrated logistics contract. In total, four teams and three individuals — seven honorees — received awards.

"To make a quantum leap, we ultimately need to find new growth solutions in the larger global market," Shin said. "Let us turn the growth potential of our global business into tangible results, while securing overwhelming competitiveness and profitability at home, and lead CJ Logistics to a new level."


klee@heraldcorp.com
This content was produced with the assistance of AI translation services.

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