The parcel empires strike back as smaller players take stock
Over the past couple of years small parcel carriers have gained ground, as behemoths FedEx, ...
While Hyundai’s struggles might be garnering most of the headlines in South Korea’s business press, its express logistics firm Logen is also eyeing a gathering list of possible suitors circling to buy it. Strategic buyers such as UPS and DHL are interested, it is also attracting the attention of private equity funds keen to get piece of the e-commerce-driven logistics growth.
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