All Yusen articles
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ArticleYusen buys share in JV with NYK and Anji
Yusen Logistics has bought a 20% share in the existing joint venture between its parent company NYK and China’s Anji Automotive Logistics for an undisclosed sum. Yusen bought the 20% share from NYK, which previously held 49% of the company. A spokesperson for the company said that the decision to ...
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ArticleNYK bids to take full ownership of its Yusen Logistics subsidiary
NYK has tendered an offer to take 100% ownership of its subsidiary Yusen Logistics, with a buyout offer equal to 25.6 billion yen ($224.8m).The Japanese shipping company currently owns 59.5% of Yusen Logistics, which was established in 2010 through the combination of NYK Logistics and Yusen Air & Sea Services. ...
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ArticleYusen Logistics opens new site in Myanmar for CKDs and finished vehicles
Yusen Logistics has officially opened a logistics facility in Myanmar that will store and process finished vehicles for both domestic distribution and cross-border trade with Thailand.Yusen Logistics owns the facility and has a 50-year lease on the land. It is located in the special economic zone in Thilawa, Yangon District, ...
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ArticleYusen starts building automotive logistics centre in Mexico
Yusen Logistics has begun building a facility to serve automotive customers near Celaya, in Mexico. The 5,000 sq.m warehouse is located on a 6.9-hectare location in the Amistad Industrial Park, in the Bajio region.At a groundbreaking ceremony in Apaseo el Grande, Guanajuato, on March 11th, Kunihiko Miyoshi, chief regional officer ...