Hanjin Shipping

What Hanjin Shipping does

Hanjin Shipping (officially 주식회사 한진 / Hanjin Logistics Corporation, KRX: 002320) is a South Korea-headquartered integrated logistics enterprise that began operations in 1992 as Korea's first parcel delivery company and is currently in its 70th fiscal period. The company operates across four business segments: parcel delivery (express, B2B corporate, One-Click for startups, airport/golf/smart-locker variants), logistics services (land transport, port stevedoring, maritime shipping, warehouse management, fuel, maintenance), global freight forwarding (international express, project cargo, corporate relocation, GDC), and digital platform services. Underlying technology includes the Daejeon Mega-Hub (operational January 2024, 1.2M parcels/day single-site, 2.88M boxes/day system total), the world's first horizontal yard automation and tandem STS crane system at HJNC Busan New Port, the smartphone-based dynamic delivery routing system, and an AI chatbot (JINI). The company serves both B2C individual consumers (long-tail parcel) and B2B enterprise clients including home shopping networks (GS, Lotte, Hyundai, CJ O, Shinsegae), e-commerce (Coupang), retail (E-Mart, Lotte Department Store), aviation (Korean Air, Korea Airport Corporation), and other industries, while operating wholly-owned container terminals and logistics centers across Busan, Incheon, Pyeongtaek, Daejeon, Ulsan, Changwon, and Seoul.

The company is publicly traded on the Korea Stock Exchange under parent Hanjin Kal (Hanjin Group), which together with related parties controls 33.6% of outstanding shares; domestic institutions and individuals hold 60.8% and foreign investors 5.6%. Revenue is generated through a mix of subscription/recurring-style contracts (3PL, digital platforms), transaction-fee models (freight forwarding, international express), pay-as-you-go parcel pricing, and managed-services engagements for enterprise clients. Pricing is not publicly disclosed and is quote-based per service tier. Distribution channels span direct customer service centers (1588-0011 / 1588-1612 / 1588-9040), 750+ franchise pickup points, a digital self-serve website and mobile app (Android/iOS), enterprise direct sales via the Focus System portal, and 44+ global city offices across 22+ countries. The company has been recognized with KCGS ESG Grade A for three consecutive years (2023–2025), holds AEO (Authorized Economic Operator) and ISMS certifications, and declared a 600 KRW per share annual dividend.

Name

Hanjin Shipping

Legal name

주식회사 한진 (Hanjin Logistics Corporation)

Website

https://hanjin.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hanjin Shipping (Hanjin Logistics Corporation, KRX: 002320) is a South Korea-headquartered integrated logistics company operating parcel delivery, B2B logistics, port terminals, and freight forwarding across 22+ countries for both individual consumers and enterprise clients including Coupang, E-Mart, and Korean Air.

Ownership category

akta.pro rank

Product category

Integrated Logistics Services

NAICS

General Warehousing and Storage (49311), Freight Transportation Arrangement (4885), Marine Cargo Handling (488320), Specialized Freight (except Used Goods) Trucking, Long-Distance (48423)

SIC

Trucking & Courier Services (No Air) (4210), Public Warehousing & Storage (4220), Arrangement Of Transportation Of Freight & Cargo (4731), Water Transportation (4400)

akta.pro primary industry

E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns) (TLAIAAAD)

akta.pro secondary industries

Automated Warehousing & AS/RS Operations (Robotics-Enabled) (TLAIACAL), Value-Added Services in Bond (Kitting, Labeling, Repacking, Light Assembly) (TLALAGAI)

Keywords

• Express parcel delivery
• Container terminal operations
• Global freight forwarding
• Third-party logistics
• Port stevedoring services

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Parcel/Delivery Services: Express parcel delivery services including domestic express delivery, specialized services (airport delivery, golf delivery, unmanned locker delivery), and B2C/B2B corporate delivery solutions
2. Logistics Services: Comprehensive logistics including land transportation, port stevedoring, maritime shipping, warehouse operations, fuel business, and maintenance services
3. Global Freight Forwarding: International shipping, project cargo, corporate relocation, international express, and GDC (global distribution center) services
4. Third-Party Logistics (3PL): Outsourced logistics services for enterprise clients including inventory management, fulfillment, and customized consulting
5. Digital Platform Services: Digital logistics platform business connecting global logistics solutions

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

Hanjin Logistics Corporation is a global integrated logistics company operating express parcel delivery, third-party logistics (3PL), land and maritime transportation, port stevedoring, container terminal operations, warehouse management, international freight forwarding, and digital platform services for both individual consumers and enterprise customers. The company runs container terminals at Busan (HJNC), Incheon (HJIT), and Pyeongtaek (PCTC) along with multiple logistics centers and a nationwide parcel delivery network, serving customers across South Korea and 22+ countries.

Product overview

Hanjin operates as a comprehensive global logistics company offering an integrated platform-plus-modules architecture. The core portfolio spans four main segments: (1) Express Parcel Delivery (택배) covering individual and B2B services including general delivery, unattended locker, return, airport, golf bag, and the One-Click service for entrepreneurs/startups; (2) Logistics (물류) encompassing land transportation, port stevedoring, maritime shipping, warehouse management, fuel, and maintenance services; (3) Global operations (글로벌) including freight forwarding, project cargo, corporate relocation, and international express; and (4) Digital Platform Business (디지털플랫폼사업) providing digital solutions like the Hanjin Parcel App, Focus Enterprise Solution, PRM (Partner Relationship Management) system, and Digital Easy Order platform. The company also maintains strategic infrastructure through subsidiaries including container terminals at Busan (HJNC), Incheon (HJIT), and Pyeongtaek (PCTC), as well as logistics centers (SIFT, BGDC, IGDC, OHLC) across Korea.

Differentiator

Problem solved

Functional benefit

Brands

• One-Click 택배: Specialized parcel service for 1-person entrepreneurs and startup businesses offering reduced costs with enhanced service
• Focus System
• PRM (Partner Relationship Management)
• Digital Easy Order
• K-Fashion SWOOP

Products and services

• Express Parcel Delivery (택배) — Individual & Specialized Door-to-door express parcel delivery service for individual consumers and shippers, including general parcel, unattended smart locker delivery, return parcel, airport parcel, and golf bag parcel variants with same-day, next-day, and time-specified options.
• B2B Business Parcel Delivery (기업택배) Business-to-business parcel service providing logistics solutions for enterprise customers, including customized logistics equipment and system integration for corporate logistics efficiency, supported by B2B HUB centers with 4AM cut-off for nationwide morning delivery.
• One-Click Delivery (원클릭 택배) Specialized parcel service designed for solo entrepreneurs and startup businesses, offering lower prices with maintained service quality. Available via dedicated mobile app on Playstore and App Store.
• Third-Party Logistics (3PL) Outsourced logistics handling of customer product management and outbound logistics through specialized warehouse operations, including inventory management, fulfillment, and distribution for enterprise clients.
• Land Transportation (육상운송) Ground transportation services leveraging customized expertise and an optimized nationwide network to deliver superior land-based logistics solutions.
• Port Stevedoring (항만하역) Port handling services covering containers and general cargo, delivered through wholly-owned terminal subsidiaries at Busan, Incheon, Pyeongtaek, Ulsan, and other locations.
• Maritime Transportation (해상운송) Customized maritime shipping services for international cargo customers.
• Warehouse Management (창고운영) Warehouse operations providing optimized, tailored solutions based on Hanjin's proprietary logistics expertise, operated through subsidiaries SIFT, BGDC, IGDC, OHLC and additional facilities.
• Fuel Business (유류사업) Fuel supply service offering premium quality products at competitive prices to support logistics fleet operations.
• Maintenance Services (정비사업) Vehicle and equipment maintenance services provided by experienced professionals with advanced technical capabilities for Hanjin's logistics fleet.
• Freight Forwarding (포워딩) Global supply chain management offering differentiated multimodal transport solutions across air, ocean, and ground.
• Project Cargo Transport services for awkward, plant, and large-scale cargo equipment with One-Stop Service capabilities including customs, transport, and on-site handling.
• Corporate Relocation (기업이전) Corporate relocation and safe transport services for enterprise relocations, special exhibitions, and sports event logistics.
• International Express (국제특송) International express delivery service with end-to-end cross-border delivery, customs clearance, and last-mile handover through partnerships with FedEx (USA), Sagawa Global (Japan), ECMS (Hong Kong/Singapore/Taiwan), and global EMS/DHL networks.
• Global Distribution Center (GDC) Multimodal logistics center serving as the hub for import/export operations and bonded warehouse activities for global customers.
• Digital Platform Business (디지털플랫폼사업) Digital platform services connecting global logistics solutions, encompassing the Hanjin Parcel App, Focus Enterprise Solution, PRM (Partner Relationship Management), and Digital Easy Order platforms.
• HJNC (Hanjin Busan New Port Container Terminal) Subsidiary container terminal at Busan New Port with Korea's first tandem STS crane and the world's first horizontal yard automation system, processing over 3 million TEU annually.
• HJIT (Hanjin Incheon Container Terminal) Subsidiary container terminal at Incheon Port equipped with 12,000 TEU-class vessel berthing facilities and advanced automation, processing over 1.2 million TEU annually.
• PCTC (Hanjin Pyeongtaek Container Terminal) Container-only terminal at the center of Pyeongtaek Port with total area of 416,000㎡, processing over 1 million TEU annually as a forward base for Intra-Asia trade.
• Hanjin Parcel App (한진택배 앱) Mobile application for Android and iOS providing shipment waybill lookup, reservation services, real-time delivery-staff tracking, preferred delivery-location selection, incident reporting, delivery-staff rating, and chatbot consultation for individual parcel customers.
• Focus Enterprise Solution (Focus 기업고객 솔루션) Intelligent work-partner platform for enterprise customers providing customer information management, outbound management, return/pickup management, item tracking management, performance status, and various business-support reports.
• Partner Relationship Management (PRM) Electronic bidding and partner-relationship management system for building partner pool, conducting bids, and managing evaluation of selected contractors across 8 functions: notice, partner information, bidding, contracts, performance, evaluation, short-term contracts, and management.
• Digital Easy Order (디지털 이지오더) Digital platform connecting customers with Hanjin parcel delivery services, supporting cross-border export/import services via streamlined online ordering.

Quantifiable outcome

• 99% same-day delivery rate achieved through optimized routing and network infrastructure
• +3 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• FedEx (USA)coreChannel Partner/ Reseller/ DistributorInternational express shipping partnership for US-bound parcels. FedEx handles customs clearance and final-mile delivery for Hanjin customers shipping to the United States. Provides expedited international express services.
• Sagawa Global Japan Co., Ltd.coreChannel Partner/ Reseller/ DistributorInternational express partnership for Japan shipments. Sagawa handles customs clearance and delivery within Japan for Hanjin international express customers.
• Korean Air (대한항공)majorStrategic or Co-development PartnerSkyPass mileage point accumulation partnership. Hanjin parcel customers can earn Korean Air SkyPass miles when using delivery services, cross-promoting both brands.
• GS Home ShoppingmajorStrategic or Co-development PartnerSafe delivery information service partnership. Hanjin provides delivery data including name, contact, photo, and affiliation to GS Home Shopping for their safe delivery service verification system.
• Lotte Home ShoppingmajorStrategic or Co-development PartnerHome shopping delivery partnership providing safe delivery information including customer name, contact, and affiliation for delivery verification.
• CoupangmajorChannel Partner/ Reseller/ DistributorE-commerce logistics partnership for safe delivery information services. Coupang receives customer delivery data for delivery verification purposes.
• Samsung Fire & Marine InsuranceminorOthersGroup accident insurance for delivery drivers. Insurance company provides coverage for Hanjin delivery personnel with customer name, date of birth, and contact information.
• Shinsegae Food (신세계푸드)minorStrategic or Co-development PartnerDelivery service partnership for food delivery including customer name, contact, address, email, date of birth, vehicle number, location, speed, and RPM data for route verification and dispatch management.
• E-Mart (이마트)majorChannel Partner/ Reseller/ DistributorMajor retail logistics partnership. Hanjin operates dedicated logistics centers at E-Mart facilities including Kimpo Logistics Center 1-4 and various store locations for efficient retail distribution.
• Hanjin Intermodal America, Inc.coreTechnology or IntegrationUS-based intermodal operations handling overseas customs clearance and delivery. Provides international shipping services between Korea and the United States.
• Hanjin Information & CommunicationcoreTechnology or IntegrationGroup company providing computer system construction, operation, and maintenance for Hanjin's logistics IT infrastructure.
• HJNC (Hanjin Busan Container Terminal)coreStrategic or Co-development PartnerSubsidiary container terminal at Busan New Port with world's first horizontal yard automation and tandem STS crane system. Annual capacity over 3 million TEU.
• HJIT (Hanjin Incheon Container Terminal)coreStrategic or Co-development PartnerSubsidiary container terminal at Incheon Port with 12,000 TEU-class vessel facilities and automation. Annual capacity over 1.2 million TEU.

Scale indicators15 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• DSV A/S: Global transport and logistics company formed through DB Schenker acquisition. Comparable to Hanjin's international freight forwarding, contract logistics, and project cargo capabilities.
• FedEx Corporation: Global express transportation and logistics giant. Already a Hanjin partner for US-bound parcels (FedEx handles customs/last-mile in US). Comparable in international express and global freight forwarding.
• Kuehne + Nagel: Global freight forwarding and contract logistics leader with strong Asia-Pacific presence. Comparable to Hanjin's international freight forwarding and contract logistics businesses.
• DHL Group (Deutsche Post DHL): World's largest logistics company with parcel, freight forwarding, supply chain, and e-commerce solutions. Comparable to Hanjin's full-stack logistics offering but at vastly greater global scale.

Direct peers

• CJ Logistics: Korea's largest parcel and logistics company, offering parcel delivery, 3PL warehousing, freight forwarding, and global SCM. Directly competes with Hanjin across B2C parcel, B2B logistics, and contract logistics in Korea.
• LX Pantos: Korean logistics arm of LX Group (formerly LG International), strong in global freight forwarding, supply chain solutions, and intra-Asia trade. Comparable to Hanjin's global freight forwarding and SCM business.
• Lotte Global Logistics: Korean integrated logistics provider within Lotte Group, offering parcel delivery, 3PL, cold chain, and international freight. Closely comparable to Hanjin in domestic parcel competition and conglomerate-backed scale.

Regional players

• Sinotrans Limited: China's leading logistics and freight forwarding company, comparable in integrated logistics, container terminal operations, and East Asian trade flows. Less direct competition as Hanjin doesn't have strong China-domestic presence.
• Korea Airports Corporation (KAC Logistics): Korean state-owned airport operator that also handles cargo terminal operations. Comparable to Hanjin's port stevedoring and airport-adjacent logistics services within Korea.

Emerging players

• SG Holdings (Yamato Transport parent): Japanese parcel and logistics group, parent of Yamato Transport (TA-Q-BIN). Comparable to Hanjin's parcel delivery business model, automation investments (Haneda Chronogate), and Asian market focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwZelz0lcnxeF0lK9_wchIQ
• Facebookfacebook.com/104077482961203
• Instagraminstagram.com/hanjin_official
• Xx.com/hanjin_official
• LinkedInlinkedin.com/company/hanjin-shipping

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hanjin Shipping