Yoosung T&S Co., Ltd. (024800)

Overview

Founded in 1977 and headquartered in Seoul, South Korea, Yoosung T&S Co., Ltd is a comprehensive player in the transportation and logistics sector. The company specializes in road and railway transportation, offering a broad spectrum of services that cater to a diverse range of cargo types including steel products, industrial goods, beverages, and military resources. In addition to its core transportation services, Yoosung T&S extends its expertise to harbor cargo handling activities which encompass loading, unloading, warehousing, and forwarding operations. The emphasis on third-party logistics, cargo maintenance, and other auxiliary services demonstrates the company's commitment to providing holistic solutions to its clients. Moreover, Yoosung T&S is actively involved in the international logistics sphere, facilitating seamless connections through custom clearance, marine/air transportation, and domestic conveyance for project cargoes. On the manufacturing front, the company diversifies its portfolio by producing steel pipes and tubes, steel sheets, and C-beams. Furthermore, it's engaged in the promotion of cleaner energy alternatives, offering liquefied natural gas (LNG) vehicle conversion services alongside operating CNG and LNG filling stations, thereby contributing to the global shift towards sustainable transportation solutions.

Products and Services

• Road Transportation Services: This includes the carriage of a wide array of goods such as steel products, container cargoes, beverages, industrial products, wastes, construction materials, CNG/tank lorries, military resources, and heavyweight cargo. Yoosung T&S leverages a comprehensive fleet and advanced logistics management practices to ensure safe and efficient delivery.
• Railway Transportation: Specializing in the movement of various steel products including hot-rolled and cold-rolled coils, billets, slabs, and pipes. This service underscores the company's capacity to handle bulk transportation challenges with reliability and efficiency.
• Harbor Cargo Work Activities: Covering the full scope of port-related operations such as loading, unloading, warehousing, and forwarding, Yoosung T&S facilitates effective cargo transitions from sea to land, ensuring streamlined supply chain management.
• International Logistics Services: Offering custom clearance, marine/air transportation, and domestic transportation for project cargo. These services highlight Yoosung T&S's global logistics capabilities and its role in international trade facilitation.
• Steel Production: The manufacture of steel pipes and tubes, steel sheets, and C-beams diversifies the company's business and integrates its core transportation services with in-house production of critical industrial materials.
• LNG Vehicle Conversion Services: Advocating for environmentally friendly transportation solutions, Yoosung T&S offers conversion services for vehicles to utilize liquefied natural gas (LNG), alongside operating CNG and LNG filling stations.