Prologis – 'Water is building behind the dam'
…when will it break?
© Khunaspix Dreamstime.
By Alex Lennane
Acquisitive CJ Korea Express has reiterated its aim to become a top-five global logistics company by 2020, and is eyeing deals in Europe and the US.
Meanwhile, the company has bought majority stakes in two forwarders in a bid to create a pan-Asian network.
It has become the largest shareholder in Indian logistics service provider Darcl Logistics, with a 50% stake. The overland specialist is ranked India’s top haulage firm and third-largest in distribution, according to media reports.
It has also acquired a 51% stake in Ibrakom Group, ...
Comment on this article