SEOUL, Mar. 15 (Korea Bizwire) – The Alibaba Group, parent company of the online shopping platform AliExpress, has announced its intention to set up an integrated logistics center in South Korea by the end of this year, sparking interest in the location and structure of the new facility. Logistics experts suggest that, given the lengthy process [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Thursday it will establish a logistics center furnished with a variety of advanced facilities at the Incheon International Airport’s second logistics complex. The company and the Incheon International Airport Corp. signed an agreement to build and operate a [...]
SEOUL, Oct. 29 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Thursday that it had teamed up with the Busan Port Authority (BPA) to establish an exclusive logistics center for Korean companies at the Dutch port of Rotterdam, the gateway to Europe. The logistics center will have a warehouse space of 30,000 square [...]
BUSAN, Oct. 28 (Korea Bizwire) — A cryogenic logistics center using liquid natural gas (LNG) cold heat will be set up in the southern port city of Busan. EMP Belstar, a U.S.-based cold chain logistics centers operator, on Wednesday signed a business agreement with the Busan metropolitan government and the Busan-Jinhae Free Economic Zone Authority [...]
SEOUL, Jan. 26 (Korea Bizwire) — BMW Group Korea said Tuesday it will invest 60 billion won (US$54 million) until 2023 in expanding its local logistics center. The logistics center in Pyeongtaek, just south of Seoul, will be able to accommodate about 18,000 vehicles, up from the current 11,000 with the expansion, the company said [...]
SEOUL, Aug. 21 (Korea Bizwire) — Mercedes-Benz said Wednesday it has invested 87 billion won (US$72 million) in its South Korean logistics center in the past five years to better serve local customers. The German carmaker initially invested 52 billion won to establish the Logistics Center Korea in Anseong, 80 kilometers south of Seoul, in [...]