New Korex corporation in Shanghai opens

Korex (Korea Express) announced on May 26 that it held an opening ceremony for its new corporation in Shanghai, China.

On May 25, the company held the opening ceremony at the Intercontinental Hotel with the attendance of China Shipping, COSCO, people from local government and staff from several Korean companies.

President Lee Kook Dong said, "We established a local corporation in Shanghai to expand import and export logistics according to cargoes increases in the Chinese market," and continued, "We will offer various logistics services including ocean and air transportation, warehouse management, customs services and trade business."