HYUNDAI GLOVIS Co., Ltd. is a Korea-based company mainly engaged in the logistics and distribution businesses. Its logistics business consists of international logistics services, including marine logistics and air freight logistics for bulk cargoes, such as steel manufacturing equipment, automobile equipment and coil, finished vehicles and others, as well as for third parties, and domestic logistics service for steels, general cargoes, oil products, automobile parts, finished vehicles, as well as storage, logistics equipment leasing and logistics consulting services. Its distribution business is engaged in the provision of automobile completely knocked down (CKD) components, as well as the auction of used cars and others. On April 4, 2011, the Company changed its name from GLOVIS Co., Ltd. to HYUNDAI GLOVIS Co., Ltd.