Oct 03, 2013

Yusen Logistics (Cambodia) Co., Ltd. Established

Yusen Logistics Co., Ltd. (President: Hiromitsu Kuramoto) established Yusen Logistics (Cambodia) Co., Ltd. on September 5, 2013. Operations will commence on November 1, 2013.

Yusen Logistics set up the Phnom Penh Representative Office in 2011 and has expanded its business through local partners as the Cambodian economy grew. The volume of ocean cargo has increased 30% year on year, which has achieved 30% share of all container freight from Cambodia to Japan (the Company’s estimate). The volume of air cargo has also risen steadily. The performance has been backed by the Company’s high quality of transportation. With the backdrop of this high growth and demand for transportation, the company decided to launch the corporation.

Yusen Logistics has developed a range of forwarding services, including the procurement logistics of clothing from Cambodia to major retailers of Japan, Europe, and the United States, the consolidation service for smaller shipments from Cambodia with its own operation, which it started ahead of the competition, and air cargo transportation using its network in Asia.

The Company is strengthening its cross-border trucking networks from Thailand through Cambodia to Vietnam, using the Southern Economic Corridor. The Company is already providing transportation at ordinary temperatures and is making preparations for refrigerated and chilled transport services.

Yusen Logistics will enhance its services and overseas networks, providing services that encompass rapidly growing Indochina, including Cambodia, and actively making proposals on logistics.

<General Information>

Name
Yusen Logistics (Cambodia) Co., Ltd.
Address
Intelligent Office Center (IOC Building), No. 254, Preah Monivong Blvd, 2nd Floor, Unit F2-R05, Sankat Beoung Raing, Khan Duan Penh, Phnom Penh, Cambodia
Establishment
September 5, 2013
Operation Start
November 1, 2013