CJ Logistics Inaugurates Starbucks' Biggest Distribution Hub in South Korea
🇰🇷 CJ Logistics Inaugurates Starbucks' Biggest Distribution Hub in South Korea.
CJ Logistics, South Korea's largest logistics company, has opened the country's largest Starbucks distribution center near Busan New Port. Spanning an area of 38,000 square meters, the facility handles 130,000 daily shipments of imported coffee beans. With South Korea having the second-highest number of Starbucks outlets globally, the opening of this facility strengthens CJ Logistics' position in the growing coffee logistics market.
When Florentino Escobar, a Starbucks barista from Memphis, learned that his case had reached the U.S. Supreme Court, he was stunned.
The U.S. is ramping up defense industrial cooperation with Indo-Pacific partners like Japan, India, and others to bolster supply chain resilience amid threats, particularly from China.
South Korea's Lotte Global Logistics has entered into a strategic partnership with CoEvolution, a Chinese specialist in automated control platforms.
During a panel discussion, former officials from the US and South Korea debated the necessity of having both the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Indo-Pacific Economic Framework (IPEF) in the Asia-Pacific region.
The recent announcement by China to impose export curbs on metals used in chipmaking has triggered concerns and evaluations among trade officials.
CJ Logistics, South Korea's largest logistics company, has opened the country's largest Starbucks distribution center near Busan New Port.
The closure of major retailers like Walmart and Starbucks in big cities is driven by a combination of factors, including oversaturation of stores, remote work trends, online shopping, high rents, crime concerns, and difficulties in hiring workers.
South Korea is aligning with the United States and Japan, which could lead to greater cooperation and coordination among these countries in the development and production of advanced semiconductor technologies.
Starbucks CEO Howard Schultz is feeling the heat as Congress investigates the company’s “intense opposition” to national efforts to unionize its stores.
South Korea has welcomed the U.S. decision to extend electric vehicle tax credits for cars containing Chinese graphite until 2026.