News / LX Pantos spreads its wings as ecommerce traffic drives network expansion

Photo of MegaWise Cheongna Fulfillment Centre—credit LX Pantos

South Korean 3PL LX Pantos said yesterday it had paid $156m to acquire the 11-storey MegaWise Cheongna Fulfilment Centre, near Incheon’s airport and port – the gateways to the Seoul metropolitan area.

LX Pantos, which recently opened a facility at the airport, cited growing South Korean exports from e-commerce sales, saying the acquisition would “boost its cross-border e-commerce capabilities and support its expanding network”.

The centre boasts 142,852 sq metres across its 11 floors – equivalent ...