TAEWOONG LOGISTICS Co., Ltd.
KKRX:1245601,912.00
KRW
-2.00
(-0.10%)
ISIN
KR7124560004
Return %
Stock
S&P 500
1Y
-36.37
13.14
3Y
-39.30
80.78
5Y
-49.82
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Jae-Dong Han
- Full Time Employees
- 405
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- Seoul South Korea
- IPO Date
- Dec 10, 2019
- Website
- e-tgl.com
- Similar Companies
- Business
- TAEWOONG LOGISTICS Co., Ltd. is a South Korea-based third-party logistics and international freight forwarding service provider. Founded in 1996 and headquartered in Seoul, South Korea, the company operates across global markets with an extensive network of domestic and international subsidiaries across Asia, Europe, North America, Latin America, and the Commonwealth of Independent States region. The company provides integrated multimodal transportation, specialized chemical logistics, and comprehensive supply chain management solutions. Its core service offerings include: international ocean freight forwarding services covering full container load and less than container load cargo; international air freight forwarding solutions; specialized liquid chemical logistics utilizing a proprietary and leased fleet of ISO tank containers and flexibags; rail and overland multimodal transportation connecting East Asia to Central Asia, Eastern Europe, and the CIS region; project cargo transportation for oversized industrial equipment, power generation facilities, and petrochemical plant infrastructure; contract warehousing and third-party fulfillment services including bonded storage, temperature-controlled warehousing, inventory management, cross-docking, pick-and-pack, and value-added labeling; cross-border e-commerce supply chain management; customs clearance, trade consulting, and cargo insurance brokerage; and proprietary logistics information technology platforms, including the Taewoong Integrated Management System and the Taewoong Warehouse Management System. The company caters to a diverse client base consisting of chemical manufacturers, engineering and construction contractors, heavy industry producers, automotive parts suppliers, and commercial retail enterprises. In recent developments, Taewoong Logistics has accelerated its operational capacity and geographic expansion through targeted capital investments and strategic acquisitions. The company committed an investment of 38 million USD to establish a new logistics and tank container facility in the Busan-Jinhae Free Economic Zone. To support growing chemical transport demand, the company expanded its equipment assets by acquiring 1,500 ISO tank containers for 34.5 billion KRW. Additionally, Taewoong Logistics executed a 22.6 billion KRW investment to acquire the remaining shares of its subsidiary, Taewoong E-Commerce Holdings, raising its ownership to 100 percent to drive business diversification. The company also strengthened its European overland transport operations through the strategic acquisition of a Croatian trucking enterprise, enhancing its cross-border freight corridor across Eastern and Southern Europe.