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News Release

Launching the New YUSEN LOGISTICS

[Oct 1, 2010]

Yusen Logistics was born on October 1, 2010, of a merger betweeen the NYK Group's freight forwarder, Yusen Air & Sea Service, and its domestic logistics company NYK Logistics. The Company has, since April 1, 2011, been successively integrating its overseas logistics operations, growing into what is now a global comprehensive logistics network boasting operational bases in 36 countries throughout the world.

In recent years we have seen a transition in client needs from ‘Specific-Optimal’ to ‘Total-Optimal’. While in the past logistics companies were expected to offer services that were seen as separate and distinc, such as freight forwarding and warehouse storage, today's client demands an approach that takes a holistic view of the supply chain by integrating a variety of logistical functions to provide optimized logistical solutions.

To meet the evolving demands of our clients, the Yusen Logistics Group provides air/ocean freight forwarding and contract logistics services on a business platform relying on our global network and the know-how and rich experience gained by our personnel throughout our company's history. This enables us to offer true ‘one-stop service’ through a service lineup that enables rapid response to our client's international logistics needs, which continue to grow in sophistication and diversity as globalization advances.

As the logistics arm of the NYK Group, we shall continue to strive to remain an internationally top-class comprehensive logistics services provider by meeting all of our clients' distribution needs with Integrity, Innovation, and Intensity. Our goal is to offer clients worldwide the high-quality service and attention to detail that is expected of a Japanese company.