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 ...
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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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