South Korea's ambitious Lotte Global Logistics set for IPO
With demand for logistics services expected to grow, South Korean 3PL Lotte Global Logistics is ...
???????
By Alison Koo
South Korean 3PL LX Pantos said yesterday it had teamed with state-backed maritime financial institution Korea Ocean Business Corp to acquire a newly built logistics centre in Dalton, in the US state of Georgia, for $120m.
The facility, built by US real estate developer Dossche Holdings, has a 304,769 sq metre area (equivalent to 43 football fields).
Amid near-shoring in the US, LX Pantos wants to tap into the rising number of battery-makers and manufacturers in ...
Comment on this article