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 …
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