Search results for Lotte Global Logistics
Industry
Lotte brings mobility value chain to Japan, from materials to logistics under one roof
Lotte said on Oct. 12 it will take part in Japan Mobility Show Bizweek 2026 at Makuhari Messe in Chiba. Six affiliates will join, including Lotte Chemical and Lotte Global Logistics. The group plans to present its mobility business spanning next-generation materials, AI and autonomous driving, and smart logistics. Lotte will set up an L.MoVE-themed booth to display its value chain from materials to infrastructure, logistics and services.
Mobility
Autonomous truck freight after six months, terminal and workforce rules need urgent overhaul
Six months after autonomous trucks began hauling freight on South Korean expressways, the operational efficiency gains are still limited, the industry says. While highway driving is stabilising, duplicate staffing remains because safety personnel must still ride in the cab. Challenges also persist off the road, including terminal entry, docking for loading and unloading, and clarifying liability when accidents occur. Companies are accelerating commercial plans despite calls for faster regulatory and procedural fixes.
Industry
Lotte to pay 949.5 billion won early to partner firms ahead of Chuseok
Lotte said on Tuesday it will make early payments of 949.5 billion won to about 12,000 partner firms ahead of the Chuseok holiday to ease funding strains. The programme involves 27 affiliates including Lotte Department Store, Lotte Engineering & Construction, Lotte Global Logistics and Lotte Home Shopping, with payments brought forward by an average of 8 days. Lotte said it has made early payments annually since 2013 and also runs co-prosperity financing and overseas expansion support programmes.