NYK extends its logistics arm with takeover of UK’s Noel Topco
Japan’s NYK Group has moved further into the logistics sector, as have some rivals – ...
By Mike Wackett
The container businesses of K Line, MOL and NYK will operate under the tradename Ocean Network Express (ONE) from 1 April next year.
In a joint statement today the Japanese trio said: “The move will allow Ocean Network Express to better meet customers’ needs by providing high-quality, consolidation and enhancement of the three companies’ global network and service structures.”
The JV will integrate K Line, MOL and NYK’s container shipping businesses, including global terminals (not in Japan), propelling the new entity into ...
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