CJ Logistics shifts focus to profitable global growth

CJ Logistics said Sunday it would accelerate its overseas expansion in the second half as it shifts its focus from scale to profitable growth. At a town hall meeting held Thursday at the company’s Seoul headquarters, CEO Shin Young-soo reviewed first-half performance and outlined priorities for the rest of the year. Shin said parcel volumes and fulfillment sales rose by double digits in the first half despite difficult business conditions. The company also improved productivity and cost competit