On April 22nd, KITA(Chairman Jin Sik Yoon) hosted 'Briefing on Global Logistics Trend in the Ditigal Transition Era' at Trade Tower in Samseong-dong, joined by about 150 export/import and logistics companies.
A trend called Big Blur* has recently been accelerated where the boundaries between different industries are being blurred with e-commerce companies making their way into the logistics industry armed with AI technologies. Amazon, the world's biggest e-commerce company has been growing by extending its boundary into the logistics and cloud computing areas, and Coupang, a Korean company, has transformed itself into the largest domestic retail company through the introduction of innovative logistics services marked by Rocket Delivery.
* Big Blur: A trend where the boundaries between different industries become unclear and converged.
The event was held to diagnose the shift in global trends amid intensifying competition within the industry driven by the entry of companies from other industries, such as the e-commerce, into the logistics industry and to seek strategies to deal with it.