Supply Chain Digital Magazine February 2023 | Page 119

FedEx
CJ Logistics
TOP 10

05

FedEx

2021 revenues : US $ 22.6bn

06

CJ Logistics

2021 revenues : US $ 19bn
South Korean logistics firm CJ Logistics is headquartered in Seoul . The oldest and largest parcel delivery firm in South Korea , it began life as Chosun Rice Warehousing in 1930 during the Japanese colonial era in Korea , though the company was later renamed Korea Express .
Its main operations are contract logistics , freight forwarding , port logistics , courier services , and global transportation . In 2012 , CJ Logistics was purchased by CJ GLS and merged into its logistics arm .
Based in Memphis , Tennessee , FedEx is a US global freight company . It was founded in 1971 as Federal Express , a specialist in expedited deliveries . FedEx is the world ' s largest cargo carrier in terms of scheduled freight tonne kilometres and the fourth largest in terms of fleet size . The company has operations in 220 countries and 3,000sqm of warehouse space . Industries it serves include : technology and electronics ; retail and ecommerce ; consumer and industrial goods ; and healthcare industries .
supplychaindigital
. com 119