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    NYK, Mitsubishi Logistics merge terminal operations in Japan

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    NYK, Mitsubishi Logistics merge terminal operations in Japan
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    JAPAN's Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) have announced integration of the management of the four NYK Group terminal operations through a new joint holding company

    JAPAN's Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) have announced integration of the management of the four NYK Group terminal operations through a new joint holding company. Thus, UNI-X Corporation (UNI-X) and Nippon Container Terminals (NCT) will be merged on December 17 into MY Terminals Holdings, headquartered at 3-2, Marunouchi 2 Chome, Chiyoda-ku, Tokyo, with NYK holding 51 per cent and MLC, 49 per cent.

    The new firm will be under its new president, representative director Yoichiro Hara, said the joint statement.

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