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Photo: Taewoong Logistics signs MoU with LA Trans
By Martina Li
South Korean 3PL Taewoong Logistics plans to enter Europe’s haulage market with the acquisition of Croatian trucking firm LA Trans.
Last week, Taewoong signed a memorandum of understanding with LA Trans, intending to finalise the takeover in Q3.
Established by Alan Lincic in 1993, family-owned LA Trans has been hauling containers from Croatia’s Rijeka and Slovenia’s Koper ports since 2003, counting Maersk among its largest customers.
Taewoong CEO Han Jae-dong said: “Rijeka is Croatia’s largest trading port and is a key transportation hub ...
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