Hitachi Transport System announced that intends to integrate Hitachi Transport System Malaysia and Vantec World Transport.
Hitachi Transport System states that the purpose of the planned integration is to strengthen the company against regional competition and to help it compete on a global scale. In order to achieve this the company is moving toward further optimization of its regional global operations through restructuring.
The move follows the integration of Hong Kong and Taiwan-based companies in November 2013, and Singapore-based companies in April 2014. These previous integrations were made in response to the growing ASEAN market and customers’ regional expansion as the ASEAN Economic Community comes to fruition from January 1, 2015.
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