Doubling Space and Increasing Workforce to
Enhance Service Capacity
ITASCA,
Ill., Sept. 10, 2024 /PRNewswire/ -- Lakeside
Holding Limited ("Lakeside" or the
"Company") (Nasdaq: LSH), a U.S.-based integrated cross-border
supply chain solution provider with a strategic focus on the Asian
market operating under the brand American Bear Logistics (ABL), is
pleased to announce the expansion of its Dallas-Fort Worth operations with a new office
and warehouse lease. The new premises, located in the heart of
Dallas-Fort Worth, is over twice
the size of the previous location, expanding from approximately
20,000 square feet to an impressive 46,657 square feet.
This expansion is in response to the growing demand for ABL's
customized cross-border logistics solutions and will enable the
company to better serve its customers with increased efficiency and
capacity. Alongside the new lease, ABL has bolstered its team with
additional staff to support its expanded operations and ensure the
highest level of service for its clients. The new Dallas-Fort Worth office and warehouse will
feature advanced technology and systems to further streamline
operations, ensuring timely and accurate order fulfillment. ABL's
team of logistics experts will leverage this increased capacity to
enhance service delivery and support the company's ongoing growth
strategy.
Key Highlights of the Expansion:
New Larger Facility: The new location boasts
46,657 square feet, more than doubling the space of the previous
20,000 square feet facility. This significant increase in space
will accommodate more inventory, streamline operations, and enhance
overall logistics capabilities.
Increased Workforce: To support the expanded
operations, ABL has hired additional staff, enhancing its ability
to meet the growing needs of its clients and maintain its
commitment to excellent customer service.
"This expansion marks a significant milestone for American Bear
Logistics and reflects our commitment to providing top-notch
logistics solutions to our clients," said Henry Liu, Chairman & CEO of Lakeside. "With the larger facility and
increased workforce, we are well-positioned to handle the rising
demand and continue delivering efficient, reliable, and innovative
services."
About Lakeside Holding Limited
Lakeside Holding Limited, based in Itasca, IL, is a U.S.-based integrated
cross-border supply chain solution provider with a strategic focus
on the Asian market, including China and South
Korea. Operating under the brand American Bear Logistics, we
primarily provide customized cross-border ocean freight solutions
and airfreight solutions in the U.S. that specifically cater to our
customers' requirements and needs in transporting goods into the
U.S. We are an Asian American-owned business rooted in the U.S.
with in-depth understanding of both the U.S. and Asian
international trading and logistics service markets. Our customers
are typically Asia- and U.S.-based
logistics service companies serving large e-commerce platforms,
social commerce platforms, and manufacturers to sell and transport
consumer and industrial goods made in Asia into the U.S. For more information,
please visit https://lakeside-holding.com.
Safe Harbor Statement
This press release contains forward-looking statements that
reflect our current expectations and views of future events. Known
and unknown risks, uncertainties and other factors, including those
listed under "Risk Factors," may cause our actual results,
performance or achievements to be materially different from those
expressed or implied by the forward-looking statements. You can
identify some of these forward-looking statements by words or
phrases such as "may," "will," "expect," "anticipate," "aim,"
"estimate," "intend," "plan," "believe," "is/are likely to,"
"potential," "continue" or other similar expressions. We have based
these forward-looking statements largely on our current
expectations and projections about future events that we believe
may affect our financial condition, results of operations, business
strategy and financial needs. These forward-looking statements
involve various risks and uncertainties. Except as required by law,
we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date on which the statements
are made or to reflect the occurrence of unanticipated events. We
qualify all of our forward-looking statements by these cautionary
statements.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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SOURCE Lakeside Holding Limited