WOOSUNG
WOOSUNG (우성해운) is a privately-held Korean freight forwarder and shipping agency, founded 1978, operating four domestic offices (Seoul, Incheon, Daegu, Busan) with a 300+ global partner network, serving shipping principals and Korean import/export corporations across air, sea, special cargo, and 3PL.
- Company typePrivate
- Founded1978
- HeadquartersSeoul, South Korea
- Headcount—
- GTM typeB2B
- OfferingServices
What WOOSUNG does
WOOSUNG (우성해운, Woosung Shipping) is a privately-held Korean international freight forwarding and shipping agency founded in 1978 and headquartered in Seoul. The company operates four wholly-owned domestic branch offices — Seoul (HQ), Incheon, Daegu, and Busan — strategically positioned at Korea's principal air and sea cargo gateways, and maintains a global agent network of 300+ partners across Europe, Asia/Oceania, the Americas, and M/E Asia/Africa. Its service portfolio spans air freight, sea freight (FCL/LCL), special cargo (bulk, heavy lift, project cargo, construction plant), inland transportation, third-party logistics, bonded warehousing at the Incheon Airport Free Trade Zone, multimodal combined transport (Sea & Air, Air & Road), customs clearance and quarantine certification, CFS operations at Busan Port, and SCM-based logistics consulting.
The underlying technology is a self-developed IT system for SCM operations coupled with a proprietary global network and import/export logistics platform; no AI/ML capabilities, public APIs, or external technology partnerships are disclosed. Revenue is generated through transaction fees on freight forwarding, professional services fees on shipping-agency work (owner's, charterer's, shipper's, and newbuilding supervision at Korean ports), managed-services fees on bonded warehousing and customs brokerage, and consulting fees on 3PL/SCM engagements. Pricing is quote-based and customized by cargo type, volume, route, and service scope. The customer base includes international shipping principals (e.g., BHP Billiton Marketing AG, Dampskibsselskabet NORDEN A/S, Western Bulk, Valles Steamship, Sims Metal Management, Fairsky Shipping) and Korean import/export corporations and enterprises outsourcing supply-chain functions. The company has disclosed annual revenue of approximately 105 billion KRW (~$100 million) and 45 years of operating history.
WOOSUNG firmographics
Firmographics- Name
- WOOSUNG
- Legal name
- 우성해운 (Woosung Shipping)
- Website
- https://woosung.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Short description
- WOOSUNG (우성해운) is a privately-held Korean freight forwarder and shipping agency, founded 1978, operating four domestic offices (Seoul, Incheon, Daegu, Busan) with a 300+ global partner network, serving shipping principals and Korean import/export corporations across air, sea, special cargo, and 3PL.
- Ownership category
- akta.pro rank
WOOSUNG industry classification
Industry- Product category
- Freight Forwarding & Logistics Services
- NAICS
- Freight Transportation Arrangement (48851), Warehousing and Storage (493)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731), Public Warehousing & Storage (4220)
- akta.pro primary industry
- Hazmat Transportation & DG Freight Management (Road/Rail/Air/Ocean) (TLAIAJAA)
- akta.pro secondary industries
- Value-Added Services in Bond (Kitting, Labeling, Repacking, Light Assembly) (TLALAGAI), Breakbulk, Ro-Ro & Chartering (Heavy-Lift Vessels, Barges, Specialized Aircraft) (TLAIAKAC)
Keywords
Where WOOSUNG is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices4 records
Markets served
WOOSUNG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Freight Forwarding Services: Service fees from air freight, sea freight, and inland transportation services for import/export cargo
- Shipping Agency Services: Tramper agency services serving as owner's, charterer's, shipper's and newbuilding supervising agent at Korean ports
- 3PL and Logistics Consulting: Third-party logistics and logistics consulting services including system construction and operation
- Warehouse and Customs Services: Bonded warehouse services, customs clearance, and quarantine certification services
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
WOOSUNG product offering
Product offeringCore offering
WOOSUNG provides international freight forwarding (air, sea, inland), special cargo handling (bulk, heavy, project), third-party logistics (3PL), bonded warehousing, customs clearance, logistics consulting, and tramper shipping agency services for import/export corporations and shipping principals. Services are delivered through four Korean offices (Seoul, Incheon, Daegu, Busan) and a global partner network of more than 300 agents.
Product overview
WOOSUNG (우성해운) is a 45-year-old freight forwarding and logistics company operating as a globally integrated logistics provider. The core portfolio consists of three primary service lines: Air Freight Service, Sea Freight Service, and Special Cargo handling, supported by supplementary modules including Third Party Logistics (3PL), Bonded Warehouse Service, Sea & Air/Air & Road Combined Services, Logistics Consulting, Inland Transportation, Customs Clearance, and CFS operations. The company maintains domestic offices in Seoul (HQ), Incheon, Daegu, and Busan, with global coverage through 300+ international partners across Europe, Asia/Oceania, MENA, and the Americas.
Differentiator
Problem solved
Functional benefit
Products and services
- Air Freight Service
Quantifiable outcome
- Global reach to 300+ partner network across 4 continents
- +2 more outcomes
Companies that use WOOSUNG
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
WOOSUNG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
WOOSUNG partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights4 records
WOOSUNG competitors and assessment
Company assessmentDirect peers
- CJ Logistics: Korea's largest integrated logistics company offering forwarding, 3PL, warehousing, customs, and contract logistics — directly comparable to WOOSUNG's full-service portfolio with similar Korean market positioning.
- Kintetsu World Express: Japan-headquartered global freight forwarder with strong Asian air/sea freight and customs brokerage services — directly comparable multi-modal forwarding model with similar customer base of Asian trading firms.
- Yusen Logistics: Japan-based global logistics provider offering air/sea forwarding, 3PL, and contract logistics with strong Asian presence — comparable multi-modal service portfolio and customer segments to WOOSUNG.
- Kerry Logistics Network: Hong Kong-headquartered Asian logistics specialist with integrated freight, warehousing, and 3PL — directly comparable forwarding-plus-3PL business model serving Asian trading and manufacturing clients.
- Sinotrans: China's largest freight forwarder and logistics company providing air/sea forwarding, warehousing, and shipping agency services — comparable integrated forwarding model with similar agency and 3PL capabilities.
Broad incumbents
- DSV: Global top-3 freight forwarder with extensive air/sea forwarding, road, and contract logistics — directly overlapping in services but operating at vastly larger scale and with owned global infrastructure.
- Kuehne+Nagel: World's largest sea freight forwarder and top-tier air freight forwarder — overlapping in multi-modal forwarding and contract logistics but operating globally with vastly deeper owned infrastructure.
- Expeditors International: US-headquartered global freight forwarder specializing in air and ocean freight with customs brokerage — directly overlapping service offerings with WOOSUNG but at significantly larger scale.
- CEVA Logistics: Global 3PL and contract logistics provider offering freight management, warehousing, and supply chain solutions — comparable integrated forwarding-plus-3PL model with much larger global owned-asset footprint.
Regional players
- Hyundai Glovis: Korea-based logistics company providing forwarding, warehousing, and contract logistics primarily for Hyundai group automotive supply chains — adjacent Korean logistics operator with overlapping forwarding capabilities but automotive-sector focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
WOOSUNG social profiles
Digital presenceWOOSUNG financial estimates
Financial estimateRevenue estimate
Valuation estimate
WOOSUNG leadership team
Management profileNumber of profiles
Profiles1 record
WOOSUNG subsidiaries and ownership
Company hierarchySubsidiaries4 records
WOOSUNG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WOOSUNG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WOOSUNG
What does WOOSUNG do?
WOOSUNG provides international freight forwarding (air, sea, inland), special cargo handling (bulk, heavy, project), third-party logistics (3PL), bonded warehousing, customs clearance, logistics consulting, and tramper shipping agency services for import/export corporations and shipping principals. Services are delivered through four Korean offices (Seoul, Incheon, Daegu, Busan) and a global partner network of more than 300 agents.
Is WOOSUNG a public or private company?
WOOSUNG is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was WOOSUNG founded?
WOOSUNG was founded in 1978.
Where is WOOSUNG based?
WOOSUNG is headquartered in Seoul, South Korea, in the Asia region.
How does WOOSUNG make money?
Four revenue lines are on record. Freight Forwarding Services are the primary driver. The others are shipping Agency Services, 3PL and Logistics Consulting and warehouse and Customs Services.
Who are WOOSUNG's main competitors?
Direct peers on record are CJ Logistics, Kintetsu World Express, Yusen Logistics, Kerry Logistics Network and Sinotrans. Broad incumbents are DSV, Kuehne+Nagel, Expeditors International and CEVA Logistics. Hyundai Glovis is listed as a regional player.
Does WOOSUNG have an API?
No public API is recorded for WOOSUNG.
What industry is WOOSUNG in?
WOOSUNG's product category is Freight Forwarding & Logistics Services. Its primary akta.pro industry code is TLAIAJAA, Hazmat Transportation & DG Freight Management (Road/Rail/Air/Ocean), with a secondary code of TLALAGAI, Value-Added Services in Bond (Kitting, Labeling, Repacking, Light Assembly). Its NAICS code is 48851 and its SIC code is 4731.