TOKYO -- Real estate developer Mitsui Fudosan, logistics giant GLP Japan and other Japanese companies plan to invest more than 500 billion yen ($3.5 billion) combined in cold storage facilities by 2030, as an acute driver shortage increases demand for additional warehouses.
Transportation
Japan's Mitsui Fudosan, others to invest $3.5bn in cold storage
Demand for warehouses rises as driver shortage strains shipping chain
GLP Japan seeks to expand its warehouse floor space for chilled and frozen food 90% by 2028. (GLP Japan)
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