Samsung SDS to buy Korean airfreight consolidator Woojung Air

· Logistics · South Korea

Samsung SDS is expanding its airfreight business through a takeover of South Korean consolidator Woojung Air, according to local media cited by The Loadstar. The deal would add airline capacity procurement expertise and a wholesale customer base that includes more than 1,200 freight forwarders. It would strengthen the Samsung group's position as a logistics player in air cargo, a segment where access to capacity and consolidation scale drive competitiveness. For forwarders and shippers moving goods into and out of South Korea, the combination could change the competitive landscape for airfreight capacity and wholesale consolidation services.

Why it matters:Consolidation in air cargo strengthens integrator-style players and can shift how capacity is bought and sold for forwarders moving freight through South Korea.

Key points

  • The buyer is Samsung SDS; the target is Woojung Air.
  • Woojung Air brings more than 1,200 freight forwarder customers.
  • The deal adds airline capacity procurement expertise.

Sources (original reporting)

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