NYK Logistics (China) has opened a branch along the Yangtze River in Nanjing, the capital of Jiangsu province in China
When NYK Logistics established its head office in Shanghai on June 1st, 2000, it was the first logistics company wholly owned by a Japanese company to do so
Since then, the company has set up branches in Tianjin, Qingdao, Xiamen, Guangzhou, Fuzhou, Dalian, Ningbo and Suzhou - mainly cities along the seacoast
The establishment of the Nanjing branch is NYK's first step in expanding its business inland
Furthermore, the company's representative offices in Wuhan (capital of Hubei province, located inland along the Yangtze River) and Wuxi (located in the Yangtze River Delta) will be opened as branches in May
DB Schenker Logistics has announced the appointment of Helgi Ingolfsson as its new UK Managing Director with immediate effect.
The losses announced by Hanjin Shipping last week demonstrate the possibility that a period of severe loss for the container operators has begun.
Ryder's latest earnings depict strong growth for the company during 2011.