NYK together with Yusen Air and Sea Service has launched Yusen Logistics in Japan marking the start of the integration of all NYK Logistics and Yusen Air and Sea Service operations into Yusen Logistics globally.
The European integration is due to begin 1st April 2011 and is expected to be completed by 31st March 2012.
The time required in Europe is primarily due to a need to cater for the different regulations and taxation systems in individual European countries. Further announcements will be made as and when existing European companies convert to Yusen Logistics.
Yusen Logistics brings together the group’s global expertise in air freight forwarding, ocean freight forwarding, land transport and customs clearance as well as logistics plan proposal and implementation.
The combined business will be managed globally through five strategic areas that emphasize both the global and local aspects of each area: Japan, East Asia, South Asia & Oceania, Europe and the Americas.
Shunichi Yano, global president of Yusen Logistics said: “Moving ahead, the company will pursue an even higher level of service quality, better tailored to customer needs in the two key business areas of air/ocean freight forwarding and contract logistics. We also intend to generate greater customer satisfaction through a host of services according to customers’ logistics needs.”