LX Pantos spreads its wings as ecommerce traffic drives network expansion
South Korean 3PL LX Pantos said yesterday it had paid $156m to acquire the 11-storey ...
Vietnam’s booming economy and surging domestic retail sector is creating big opportunities for contract logistics players.
According to Hamza Harti, country managing director for French 3PL FM Logistic, while e-commerce is a driver of warehousing and logistics demand, it’s not the major factor.
“Most of the growth is from traditional retail, which has been our main focus,” he said on the sidelines of the Vietnam Warehousing & Logistics conference in Ho Chi Minh City last week.
“Our retail customers are doing very well, ...
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