Hanjin controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
South Korea FTC fines logistics firms over POSCO contract collusion
Fine or penalty
South Korea's Fair Trade Commission imposed a combined 46.04 billion won in fines on seven logistics firms, including CJ Logistics, for colluding on logistics contracts assigned by POSCO from 2001 to 2018. The FTC said the firms selected winning bidders before bidding began; CJ Logistics was fined 9.46 billion won.
South Korea’s Fair Trade Commission imposed a combined 46.04 billion won in fines on seven logistics firms, including CJ Logistics, for colluding on logistics contracts assigned by POSCO from 2001 to 2018. The FTC said the firms selected winning bidders before bidding began; CJ Logistics was fined 9.46 billion won.
Source excerpt
CJ Logistics was fined the most at 9.46 billion won, followed by Samil with 9.34 billion won and Hanjin, 8.69 billion won.
The Fair Trade Commission (FTC) imposed a combined 46.04 billion won in fines on seven logistics firms which colluded in 3,769 logistics contracts assigned by POSCO from 2001 to 2018.
POSCO started receiving bids from contractors for the domestic transportation of steel products, and the companies colluded by selecting the winner before the bidding began, according to the FTC.