Hyundai Glovis Brasil, LLC is a logistics company headquartered in Seoul, Korea and part of the Hyundai Kia Automotive Group. Its predecessor company, Hankook Logitech Co. Ltd was formed in February 2001. Hyundai Glovis supplies ocean transportation logistics advice, cargo space, loading/unloading, and packaging services. It changed its name to Hyundai Glovis in June 2003. Hyundai Glovis provides ocean transportation, air transportation, inland transportation, logistics consulting, storage, packaging services as well as supply chain management services. Since 2011, the company has launched auto parts recycling business, named "OnECO," and it mainly consists of distribution of reuse and remanufactured auto parts.