[Edaily Reporter SHIN MIN JOON ] CJ LOGISTICS continued its revenue growth in the third quarter of this year, driven by balanced growth across its parcel delivery, contract logistics, and global businesses. However, operating profit declined due to a reduction in business days caused by the timing of the Chuseok holiday, as well as costs associated with service investments and a deteriorating external business environment.

CJ LOGISTICS announced on the 10th that, based on consolidated financial statements, its third-quarter revenue for this year was provisionally estimated at 3.3581 trillion won, a 9.5% increase compared to the same period last year. Operating profit for the same period fell 25.3% to 110.5 billion won.

By business segment, revenue for the O-NE (parcel delivery) division totaled 976.5 billion won, up 1.2% from the same period last year. The number of business days decreased this year because the Chuseok holiday—which fell in the fourth quarter last year—was moved up to the third quarter this year. However, revenue increased thanks to the growth of “Maeil O-NE,” which delivers even on Sundays and public holidays, and “Bonae O-NE,” a personal parcel delivery service.

During the same period, total shipment volume in the O-NE division increased by 4.6%. Volumes for early-morning and same-day delivery, as well as e-commerce fulfillment, also rose by 8% and 16%, respectively, supporting overall growth. In contrast, the O-NE division’s operating profit fell 39.5% year-over-year to 38 billion won. This is attributed to the reduction in business days due to the shift in the Chuseok holiday timing, as well as investment costs incurred to strengthen service competitiveness, such as flexible operations at hub terminals.

Revenue in the Contract Logistics (CL) division rose 8.3% to 933 billion won. Key businesses, such as fulfillment operations and middle-mile transportation, grew as volume from existing strategic clients increased and new orders were secured. In particular, revenue from the W&D business—which manages logistics hubs and handles product dispatch and delivery—rose 11.8%, driven by increased volumes from clients in the health and beauty (H&B) and pharmaceutical sectors. Operating profit for the CL segment fell 11% to 49.2 billion won, due to higher operating costs resulting from rising oil prices and inflation.

The Global division posted revenue of 1.1679 trillion won, a 13.1% increase, driven by growth in strategic markets such as the U.S., India, and Vietnam, as well as an expansion in cross-border e-commerce (CBE) volume. Both the contract logistics business and CBE volume in these strategic markets achieved double-digit growth. However, operating profit fell to 11.8 billion won compared to the same period last year, due to prolonged external uncertainties and cost burdens associated with the expansion of global hubs.

CJ LOGISTICS plans to sustain growth in parcel volumes in the fourth quarter by securing shipments from major e-commerce shippers and revitalizing the consumer parcel market. The company will also work to reduce unit operating costs through AI-powered volume forecasting and the modernization of logistics facilities at sub-terminals.

In the contract logistics division, the company intends to boost logistics center operational productivity by introducing AI-based integrated dispatching and automated equipment, while expanding new orders in the consumer goods, fashion, and beauty sectors. For its AI transportation platform, “The Unban,” the company plans to integrate AI agents and automated dispatching functions to improve the efficiency of matching cargo with transport vehicles.

A CJ LOGISTICS official stated, “In our global business, we plan to make a full-scale entry into India’s B2C fulfillment market and expand our contract wins with local companies in Southeast Asia,” adding, “We also plan to expand our forwarding business into high-value-added industries such as biotechnology and healthcare.”