earticle

영어

The historical revolution in 1995 could be too radical to change smoothly and efficiently the world economic structure. The major tool of the revolution came from the borderless competition initiated by WTO and the Electronic Commerce motivated by Internet. These two factors outstandingly affected the international transportation industries as well. The result could be summarized with the transition from trade of output to foreign direct investment and from the transportation to logistics. While, the surrounding economies of Korea resulted in the turmoil of the revolution with IMF foreign currency crisis. Overcoming the crisis, Korean firms should consider more of the regional cooperation in the Far East Asia in terms of internalization of the business management in the region. This research focused on the cooperative tools in the name of the fourth party logistics (4PL) to efficiently and smoothly establish the regional hub of the Far East. The 4PL could internalize the cross-country production and marketing in the frame of supply chain management (SCM) among the firms in home and host countries. It opens the new horizon of the international transportation or logistics.