NYK reorganises its logistics subsidiaries

NYK group logo

NYK (Nippon Yusen Kabushiki Kaisha) has decided to reorganise its logistics business structure to further strengthen the domestic logistics business across Japan by transferring Yokohama Kyoritsu Warehouse Co. Ltd. (YKS) to Yusen Logistics Co. Ltd. (YLK).

The restructuring is designed to strengthen its domestic food distribution business through collaboration with YKS’ strengths in the food and cold storage business. Also by taking advantage of YKS’ strengths in refrigerated and frozen warehouse operations, in addition to the food and distribution processing business bases of the YLK Group, NYK will accelerate new business development as well as meet various customers’ demands.

It will also enable the YLK Group to improve its capabilities in the domestic contract logistics business by making use of YKS’ experienced human resources in warehouse operations, distribution processing, transportation and delivery operations.

With plans to expand, utilising its global transportation network, the YLK Group will try to create new business chance by offering logistics solution with existing food storage and distribution processing services.

Source: Yusen Logistics