Jayud Global Logistics Acquires 20% Stake In A 70,000 sq.ft. Warehouse On rialto, CA And A 49% Stake On A 50,000 sq.ft. Warehouse In Chino, CA
Portfolio Pulse from Benzinga Newsdesk
Jayud Global Logistics has acquired a 20% stake in a 70,000 sq.ft. warehouse in Rialto, CA, and a 49% stake in a 50,000 sq.ft. warehouse in Chino, CA. These acquisitions are likely to enhance their logistics capabilities in the region.
October 23, 2024 | 12:07 pm
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Jayud Global Logistics has acquired stakes in two warehouses in California, which could enhance its logistics capabilities and regional presence.
The acquisition of stakes in two significant warehouses in California is a strategic move for Jayud Global Logistics, likely to enhance its operational capacity and regional logistics services. This could positively impact the company's stock price in the short term as it strengthens its market position.
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