Contract Logistics

Rhenus and Sankyo Set Up Joint Venture in Japan

Rhenus and Sankyo Set Up Joint Venture in Japan
Danny Gill

The Rhenus Group and Sankyo Corporation have registered the joint venture known as Rhenus Sankyo Logistics K.K., with Rhenus holding two thirds of the shares.

Sankyo is part of the Fujiki Group, a network of firms with more than 20 companies in Japan and worldwide. Rhenus Asia and the American Sankyo subsidiary Clearfreight have already been working together for many years. The joint venture will mainly handle imports and exports to and from Japan, but also provide domestic services like distribution and warehousing in the country. In addition to their individual expertise, Rhenus and Sankyo are also introducing existing Japanese business to the joint firm.

“Japan is the fourth largest importer and exporter in the world. Because of its specific business culture, however, it’s difficult for foreign companies to establish a foothold in the market; so an experienced local partner is an enormous support. The Sankyo Corporation is a renowned company in Japan and will enable us to expand our Asia-Pacific network,” says Tobias Bartz, a Member of the Rhenus Board, giving the reasons for the cooperation arrangement.

“The Rhenus Group persuaded us, primarily because of its corporate philosophy and its logistics expertise. Our successful cooperation in the past has been based on professionalism, quality and mutual trust. We’d now like to go one step further with the joint establishment of this company,” says Kozo Fujiki, President and Executive Director of the Sankyo Corporation.

Contract Logistics
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

More in Contract Logistics

Tandem Global Logistics Network Expand their Middle East Coverage

Tandem Global Logistics Network Expand their Middle East Coverage

Logistics ManagerDecember 11, 2018
DSV Open Sixth Office in Indonesia

DSV Open Sixth Office in Indonesia

Logistics ManagerDecember 11, 2018
DHL Study Helps Develop New Strategies For the Last Mile

DHL Study Helps Develop New Strategies For the Last Mile

Logistics ManagerDecember 11, 2018
Kuehne + Nagel Launches myKN

Kuehne + Nagel Launches myKN

Logistics ManagerDecember 4, 2018
Trans Global Projects Deliver to British Rothera Research Station in Antarctica

Trans Global Projects Deliver to British Rothera Research Station in Antarctica

Logistics ManagerDecember 3, 2018
Geodis Appoints Ashwani Nath as New Head of e-commerce

Geodis Appoints Ashwani Nath as New Head of e-Commerce

Logistics ManagerNovember 27, 2018
DB Schenker Launches Logistics Orchestrator to Digitalize Global Spare Parts Business

DB Schenker Launches Logistics Orchestrator to Digitalize Global Spare Parts Business

Logistics ManagerNovember 19, 2018
DHL Selected by Michelin Joint Venture for Synthetic Rubber Shipping Solution

DHL Selected by Michelin Joint Venture for Synthetic Rubber Shipping Solution

Logistics ManagerNovember 5, 2018
JWD Launch DG-Total Dangerous Goods Management System

JWD Launch Dangerous Goods Management System DG-Total

Logistics ManagerOctober 22, 2018
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version