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Samsung SDS – the IT solutions and logistics arm of Samsung – is expanding its presence in air cargo through the acquisition of Korean airfreight consolidator Woojung Air Consolidation. Local media report that Samsung SDS today announced the acquisition of 100% of the shares in Woojung Air, which was established in…
Samsung SDS is set to acquire Woojung Air Consolidation, a Korean airfreight consolidator based at Incheon Airport, expanding its air cargo capabilities and building on their 2022 Cello Square integration partnership.
Samsung SDS’s Woojung Air acquisition strengthens its airfreight ambitions, adding airline procurement and a big forwarder customer base.