South Korea's LX Pantos acquires logistics hub in US
South Korean 3PL LX Pantos said yesterday it had teamed with state-backed maritime financial institution ...
Counterfeits sure do like to travel in style. According to Freightwaves, while ocean generally dominates in terms of volumes, it’s not just pharmaceuticals that favour the skies. More than 90% of counterfeit goods seized by US Customs last year travelled by air, more specifically, by express services. In fact, air express accounted for just shy of $550m of confiscated counterfeits. In total ,some $1.4bn of fake goods were seized over the 12-month period.
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