lolab said that the company released a freight brokering service platform called "Brokarry" to help customers find matching logistics services for a low fee. The platform matches drivers when users register their cargo information. It calculates logistics costs based on travel distances, vehicle models, and destination areas. The service will consistently match cargo owners and drivers to minimize the time truck owners spend driving empty vehicles. Drivers will be paid a day after the service.
"Although the logistics market is growing rapidly, most logistics workers suffer from high cost and low efficiency due to analog methods. Such a situation led us to think that digital transformation was urgent," lolab CEO Choi Kang-rim said in a statement on May 9.
"Yongdal" is one of the most well-known freight brokering services in South Korea. When users post their photos of cargo on Yongdal websites, service managers find the best-matching vehicle. Users are required to pay logistics costs of more than 50,000 won and additional costs depending on the size and weight of the cargo. The service is also frequently used by business operators moving to a new office or young people moving from a single-room apartment to another.
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