Halfords’ inbound supply chain comprises over fifty unique origin sourcing points across eighteen countries, including China, Taiwan, Vietnam, Thailand, Tunisia, the Philippines and USA.

Yusen Logistics is responsible for managing Halfords’ appointed sea and air freight partners, ensuring its 30,000 product lines are delivered to their UK DCs on time to meet sales demand.

As part of the new contract, Yusen Logistics carried out an analysis of Halfords’ existing inbound supply chain, identifying areas which could be streamlined, refined or revamped in line with Halfords’ evolving business needs.

Taking into account the complexities of Halfords’ global supply chain, the company’s expanding sourcing geographies and developing manufacturing trends, Yusen Logistics has worked collaboratively with Halfords to implement a tailored supply chain solution. The new solution, now in place, delivers enhanced visibility, and, going forward, will deliver improved inventory flows and automated communication and data handling processes.

As a result, supply chain and freight costs have been significantly reduced and improved visibility has led to greater control. Future deliverables will further enhance the solution, thus positively impacting the cost line as the contract progresses. One such initiative will save hundreds of man-hours by removing email communication and enabling real-time information reporting direct to the parties who require it.

Pierce Carey, Halfords commented: “Yusen Logistics has really become part of the Halfords family since they began managing our supply chain. They are forging relationships with all parties involved within our global supply chain, both internal and external, adding value across the entire business and bringing greater structure to way we work and communicate. An excellent foundation has been established for future development and growth.”

Kevin Appleton, MD Yusen Logistics UK added: “We are delighted to be working with Halfords on this global solution at an exciting time in their development.”

Yusen Logistics (Americas) Inc., a leading third-party logistics provider, has been named the 2015 Intermodal Carrier of the Year (Tier 2) by Vantix Logistics. The award is presented to the provider that meets and exceeds standards in service, performance and capacity.

Vantix, a division of McLane Co. Inc. and a provider of supply chain solutions to the food and restaurant industries, presented the award to Yusen Logistics at its Annual Intermodal Carrier Appreciation event recently held in Dallas, TX.

“In the 18 months we have been working with Yusen Logistics, they have consistently demonstrated a high level of performance and dedication to customer service and operational excellence,” said Charles Bostick, Director of Transportation and Operations, Vantix Logistics. “We are pleased to recognize Yusen Logistics for outstanding intermodal performance in 2015.”

“Receiving this award from Vantix is a great honor for our organization,” said Rick Underwood, Director of Sales, Western Region, Yusen Logistics, who accepted the award on behalf of the company’s Transportation group. “It’s outstanding when a highly-valued customer such as Vantix recognizes the relationship and service that we provide. This would not have been possible without the hard work and dedication of the Yusen Logistics team.”

The company is managing both intermodal freight and truck movements from food manufacturing plants across the U.S. to various McLane distribution centers nationwide. Jill Kraus, Manager, National Accounts, Yusen Logistics, oversees the business relationship between the two companies.

“This acknowledgement is a direct reflection of our commitment to provide the highest levels of service to our customers,” said Kraus. “We thank Vantix for this award and look forward to a continued successful partnership.”










The winning team: From left, Jill Kraus, Manager, National Accounts, Yusen Logistics; Charles Bostick, Director of Transportation and Operations, Vantix Logistics; and Rick Underwood, Director of Sales, Western Region, Yusen Logistics.


















Intermodal Carrier of the Year: Yusen Logistics receives the Intermodal Carrier of the Year Award from Vantix Logistics.

About Vantix
Vantix is an industry-leading 3PL specializing in food industry supply chain solutions as well as time-sensitive goods that require careful handling and transportation. The combination of our logistics expertise, customizable transportation management system, select carrier relationships, focused customer service and significant supply chain resources from our parent company, McLane, help ensure that your shipments are delivered on-time, for the right price in the right condition. For more information, visit www.vantixlogistics.com.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

For further information contact:
Katherine Doherty I Marketing and Communications Analyst I (201) 553-3844

Secaucus, NJ: Yusen Logistics (Americas) Inc. has been recognized as one of the industry’s top third-party logistics providers in Logistics Management Magazine’s 2016 Quest for Quality Awards survey.

Yusen Logistics was named a leader in the Transportation Management Solutions category. This acknowledgement marks the fifth consecutive year that the company has received recognition overall.

“The Quest for Quality Awards is the gold standard for customer satisfaction and we want to thank our customers for their continued support,” said Brian Paolillo, Senior Vice President, Transportation. “We are honored to be recognized as a top provider in the TMS category. This achievement was made possible by our dedicated team members, who provide superior service and value to our customers every day.”

Paolillo accepted the award at the Quest for Quality Gala that was held in Orlando, FL last month.

Logistics Management has published the Quest for Quality Awards since 1983. This year, 4,725 logistics and supply chain decision makers placed their vote. Respondents rated providers strictly on the basis of service quality.

About Logistics Management
Now in its 54th year of publication, Logistics Management magazine and its website, www.logisticsmgmt.com, are the leading business-to-business information resources for logistics and transportation professionals in charge of the planning, management, purchase of freight transportation services.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

Yusen Keihin Trans Co., Ltd., a Yusen Logistics Group company and an Authorized Customs Broker under the Authorized Economic Operator (AEO) program, has set up customs clearance service offices in Narita, Tokyo, Nagoya, and Osaka. Following this move, Yusen Logistics will progressively transfer its Japanese in-house customs clearance operations for ocean and air freight to Yusen Keihin Trans.

With an eye toward the liberalization of customs offices for submission of import/export declarations scheduled for next year, Yusen Keihin Trans will manage organizations in a timely and flexible manner and boost its specialty and expertise, thereby offering speedy, seamless customs clearance services.

Yusen Logistics (Americas) Inc. has been recognized by the Boeing Co. for its role in coordinating shipments of relief supplies from Seattle, WA to Charleston, SC, to support Boeing employees and the local community recovering from the effects of Hurricane Matthew.

Yusen Logistics provided warehouse services at its Seattle Branch, including receiving, sorting, labeling and re-packing of supplies, as well as delivery to Sea-Tac Airport. The supplies included bottled water, diapers, blankets, sanitizing wipes and other provisions.

“Yusen Logistics is proud to support Boeing, a long-time customer, as a partner in responding to Hurricane Matthew and assist with its relief efforts in Charleston, SC,” said Boris Poblete, Seattle Branch Manager, Yusen Logistics.  “We hope our contribution helps Boeing employees, as well as the local community, realize a fast and safe recovery.”



The Seattle Dream Team:   From left, Josh Quichocho, Boris Poblete, Michele Vidiri, Aretha Tucker and Ricardo Herman went beyond the call of duty to support Boeing’s relief efforts.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

KM Healthcare develops, manufactures and markets high quality digital X-ray systems and other medical diagnostic equipment for, among others, hospitals and clinics.

Yusen Logistics will handle the storage and international distribution of complete systems, spare parts and consumables like medical films. The goods will be stored in both bonded as well as non-bonded conditions. The storage and logistics services for KM Healthcare will take place at Yusen Logistics’ Antwerp Distribution Center in Melsele, Belgium. Temperature sensitive products from the KM Healthcare gamma will be stored in the climate controlled area of the Yusen Logistics warehouse.

Besides storage and warehousing, Yusen Logistics manages the in- and outbound goods flows for KM Healthcare. In terms of inbound, this mainly concerns the import from Japan through air and sea freight, as well as the deliveries from local suppliers. The outbound goods flows include air- and sea freight shipments to destinations in Europe, the Middle East and Africa, as well as consolidated and groupage deliveries to customers in Europe. In addition, Yusen Logistics will provide value added services to KM Healthcare, including kitting and labelling.

“It is important to Konica Minolta to have a logistics partner that offers a wide range of services”. In particular, for the export it is important that all planning, documentation and handling of goods will be accurately taken care of. Yusen Logistics possesses these abilities and we are therefore looking forward to a good co-operation.” said Mrs. Judith Schut, Supply Chain Manager KM Healthcare EMEA.

Piet Boogaard, Managing Director at Yusen Logistics Benelux added: “Yusen Logistics is delighted to further extend its range of services for Konica Minolta. This new contract is an excellent example of the scope of logistics activities, including value added services, that we can offer to this key customer in the specialized Healthcare segment.”

The co-operation with Yusen Logistics fits within the global “One Konica Minolta” strategy of Konica Minolta. The purpose of this strategy is to create optimal synergy between the three Konica Minolta divisions “Business Solutions”, “Sensing” and “Healthcare”.

On October 18, Yusen Logistics held a groundbreaking ceremony for the construction of a multifunction logistics facility in the Thilawa Special Economic Zone (SEZ) in Myanmar. Full-scale construction has now begun, with an eye to reaching operational status by July 2017.

Attendants including Thilawa SEZ Management Committee Joint Secretary Than Than Thwe, Myanmar Japan Thilawa Development Limited (MJTD) Chairman Thein Han, Mitsubishi Corporation Chief Representative for Myanmar Mitsuo Ido,Yusen Logistics Senior Managing Executive Officer Shoji Murakami, and Yusen Logistics (Myanmar) Co., Ltd. President Yasuhiko Nojima attended to express their hopes for a smooth and safe construction.

The new logistics facility will be in the Thilawa SEZ in Yangon District, covering an area of approximately 6,300m2 out of a total area of 30,000m2. Within the facility there will be Temperature-Controlled Storage areas offering four temperature settings of -20°C, 5°C, 15–20°C, and room temperature. There will also be assembled vehicles yard area where we will carry out logistics services related to assembled vehicles such as vehicle storage, pre-delivery inspections, and customs procedures. We will use this facility as a base to offer a variety of storage and delivery methods for cross-border trade between Thailand and Myanmar.

With the new facility, Yusen Logistics Thilawa will[DW5]  support customers establishing new production and sales bases in South East Asia in industries such as retail, automotive, electrical goods, and foods. We will be able to offer a range of services such as storage management, logistics processing, inspections, set temperature storage of chilled and frozen goods, and cross-border trade.

 Groundbreaking ceremony

Image drawing

<General Information＞

Nippon Yusen Kabushiki Kaisha (NYK; head office: Tokyo; president: Tadaaki Naito) and Yusen Logistics Co. Ltd. (YLK; head office: Tokyo; president: Kenji Mizushima) jointly conducted their 2016 Global NYK/YLK Week from September 5 to 9 in Japan. Thirty-two overseas staff members including staff from Japan were nominated from the Group’s global business bases to attend the program.

This training program has been jointly held by NYK and YLK since 2012 to deepen interchange among the participants across national, division, and company boundaries and further strengthen links and networks within the Group.

This year's theme was “Be Innovative!” The participants were first given lectures about each business segment’s strategy based on the NYK Group’s medium-term management plan and then exchanged opinions about the enhancement of competitiveness through a heightened understanding of the NYK Group Values.* These lectures and discussions allowed the participants to deepen their understanding of the NYK Group’s business and initiatives from many aspects. Those participants were then divided into four groups, and after active discussions on NYK Group issues, each group made a presentation on the theme of “Be Innovative!” to board members including the presidents of NYK and YLK, allowing the groups to have an impact on the Group’s business management.

At the end of the week, the participants traveled to Kyoto for a day of Japanese culture, including Zen meditation, helping the group to reflect deeply on the benefits of their week together. It is expected that all participants will take their experiences from the five-day program back to their offices to share with their colleagues.

The NYK Group respects the diversity of its employees and the spirit of challenge, and is dedicated to the development of its human resources so that the Group can be a place where all employees can work with pride and realize their dreams.

*NYK Group Values

Integrity, innovation, and intensity — the 3 I’s — are considered to represent the essential character of NYK, formed over the course of the company’s 130 year history. Since 1997, the assimilation of these values has facilitated the achievement of the NYK Group mission statement. http://www.nyk.com/english/profile/mission/values/

Group Discussion

Front row,
sixth from left:  NYK managing corporate officer Yoshiyuki Yoshida

seventh from left: YLK director Yasuhiko Ueda

 

Yusen Logistics Americas (Inc.) will be exhibiting for the first time at the upcoming 2016 Supply Chain Exchange which will be held in conjunction with the Council of Supply Chain Management Professional’s (CSCMP) Annual Conference. The company will be located at Booth 405.

Yusen Logistics is also involved in developing an educational track, Manufacturing and Service Operations, which is comprised of six sessions over the course of two days. The track, co-chaired by Thomas Tsui, Yusen Logistics’ Director, Supply Chain Solutions and Professor Jayant Saraph, Ph.D., College of Management, Metropolitan State University, Minneapolis, will examine important supply chain issues and trends in the manufacturing and service industries.

“Yusen Logistics is honored to contribute to CSCMP’s Annual Conference,” said Tsui. “The educational tracks enable participants to expand their knowledge of the industry and give them exposure to the best practices of some of the most innovative companies in the world.”

The sessions will feature executives from many leading companies, including Johnson & Johnson, Penguin Random House, Intel Corp., ConAgra Foods and McDonalds Corp. Industry thought leaders such as MIT’s Yossi Sheffi and Nancy Nix of AWSOME will also serve as panelists. The speakers will discuss emerging strategic concepts and operational tactics that can lead to improved logistics and enhanced supplier and customer relationships, among many topics.

The conference, which will be held in Orlando, FL on September 25-28, is the largest of its kind for the supply chain management profession and the only event representing the entire supply chain end-to-end.  The sessions for the Manufacturing and Service Operations track will take place at the Gaylord Palms Resort and Convention Center as follows:*

Monday, September 26

Session 1: The Supply Chain as a Market Enabler. (10:30-11:45)

Session 2: The Power of Resilience. (2:00-3:15)

Session 3: Supply Chain Challenges and Capabilities for the Future – A Conversation with Top Executives. (3:45-5:00)

Tuesday, September 27

Session 4: Envisioning Supply Chain Management 4.0 – How Japanese Manufacturing Companies Design Supply Chain Strategies towards Industry 4.0. (10:30-11:45).

Session 5: Enhancing Supply Chain and Operations to Address Business Shifts – Industry Perspective.  (2:00-3:15).

Session 6: Creating Effective Supply Chain and Sourcing Networks. (3:45-5:00)

In addition, three Yusen Logistics senior level executives will participate in panel discussions on Tuesday, September 27.

*Please note sessions subject to change.

For more details about these sessions and other conference information, please visit CSCMP’s website at www.cscmp.org/annual-conference.

Senior executives from Yusen Logistics (Americas) Inc. will participate in panel discussions at the Council of Logistics Management Professional’s (CSCMP) Annual Conference in Orlando, FL this month. The conference is the largest of its kind for the supply chain management profession and the only event representing the entire supply chain end-to-end.

For the first time, Yusen Logistics, located in Booth 405, will be exhibiting at the 2016 Supply Change Exchange, which will be held in conjunction with the conference. The company is also co-chairing an educational track, Manufacturing and Service Operations, which will examine important supply chain issues and trends in the manufacturing and service industries.

The conference will be held on September 25-28 at the Gaylord Palms Resort and Convention Center. The sessions featuring Yusen Logistics executives will take place on Tuesday, September 27 as follows:*

10:30-11:45:  Ron Marotta, Yusen Logistics’ Vice President, International Division, will serve as a panelist for CSCMP’s 27^th Annual “State of Logistics Report.”  A.T. Kearny, Penske Logistics and other industry experts will discuss highlights and trends emerging from this year’s report, which is the premier benchmark for logistics activity in the U.S.

2:00-3:15: Adriene Bailey, Yusen Logistics’ Chief Strategy Officer, will serve as a panelist in the “Port Performance – Maintaining Freight Fluidity in a Changing Environment” session.  Attendees will learn how to benchmark port performance measures and understand how to improve freight fluidity in congested markets.

2:00-3:15: Mary Anne Kennedy, SVP of Human Resources, Yusen Logistics, will serve as a panelist in the “Bridging the Gap between Supply Chain and the C-suite” session.  This panel of seasoned experts will discuss how to elevate the importance of the supply chain in the C-Suite.

*Please note: Sessions may be subject to change.

For more details about these sessions and other conference information, please visit CSCMP’s website at www.cscmp.org/annual-conference.

About Yusen Logistics

Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

Working alongside aviation industry stakeholders and regulators, IATA created the Center of Excellence for Independent Validators in Pharmaceutical Logistics (IATA CEIV Pharma). This program provides guidelines to help organizations and the entire air cargo supply chain to achieve consistent excellence in pharmaceutical airfreight handling.

Over the past decades, the safe transportation of pharmaceutical products for customers worldwide has always been a top priority for Yusen Logistics. In order to take its Pharma Gateway Amsterdam operation beyond GDP*compliance and to meet the highest possible quality standards in global pharmaceutical air freight, Yusen Logistics Benelux has participated in the IATA-CEIV Pharma certification program. The company’s work in this area and its investment in both people and equipment have now been rewarded with the achievement of IATA-CEIV certification.

Etienne Vesseur, Deputy General Manager Air Freight Forwarding of Yusen Logistics Benelux commented: ‘IATA CEIV-certification underlines Yusen Logistics’ total commitment to safe transportation of high-value temperature and time sensitive shipments of pharmaceuticals. We are very excited as one of the first logistics companies in the Netherlands to be able to offer our customers this premium airfreight service’’.

Yusen Logistics participates in the joint Schiphol Cargo and Air Cargo Netherlands program to become the Preferred European Pharma Gateway, which was launched at the IATA World Cargo Symposium in Berlin on March 16, 2016. The Pharma Gateway Amsterdam concept stands for quality, transparency, innovation, efficiency and the best connections in pharmaceutical airfreight.

Jonas van Stekelenburg, Head of Cargo of Amsterdam Schiphol Airport Cargo said: Schiphol Cargo congratulates Yusen Logistics on being awarded the IATA CEIV certificate. This certification represents IATA confirmation of Yusen Logistics’ proven capability to handle, store and transport medicines and other pharmaceutical products with extreme care. A well-deserved achievement! We are very happy with this next stage in the Schiphol initiative ‘’Pharma Gateway Amsterdam’’ that has been CEIV certified. 

Our e-mail system and cargo tracking system are not operating normally due to system failure today.

For any inquiries, please contact us by telephone or FAX until the system is restored.

We apologize for any inconvenience.

The system failure occurred on December 2nd 2016 was restored around 18:00 pm on the same day.

We sincerely apologize for the inconvenience it caused.

Yusen Logistics, a leading provider of contract logistics and air/ocean freight forwarding has selected Swisslog Warehouse & Distribution Solutions to deliver the innovative AutoStore Automated System in Singapore.  The autonomous robots, which sit on the top of an aluminum grid as part of the innovative storage system, is expected to go into operation in 2017.

This light goods automatic storage and retrieval system (Autostore) investment is a result of Yusen Logistics’ deep insight into the philosophy of the shared economy and the need to manage rising business costs in the current global, lower-growth economy.

“The future of logistics is paved with innovation and automated technology. The industry has been transforming and growing in the coming years. The third party logistics industry itself is gearing up to take on the challenges and the opportunities offered by the latest technological advancements.

With innovative systems like AutoStore, it allows us to be ready for the future of logistics,” says Mr. Francis Kwa, Head of Contract Logistics, Yusen Logistics. “Innovation will bring about a brighter future as new skills, and innovative products and services are created.”

A joint effort between Yusen Logistics and Swisslog, the Tuas Warehouse will be equipped with the innovative AutoStore system to serve multiple customers under one roof and to cater to its growing needs. Swisslog will be responsible for the implementation of the AutoStore System that includes approximately 16,595 space for stored items.

“This investment enables Yusen to deliver five times more put-away and retrieval throughput without increasing current operating headcount cost. Storage volume is doubled in the same storage space in the warehouse. Doubling the volume of storage capacity within the current footprint coupled with productivity gains is the means to gain a competitive edge in a global economy that is being disrupted by technology.  This investment is one of the many innovations Yusen is embarking on to become a truly global total logistics provider,” added Mr Francis Kwa.

“Singapore is a key logistics hub in Asia, in particular ASEAN,” says Mr. Ng Kim Hung, Managing Director of Yusen Logistics. “This partnership with Swisslog is redefining cost, speed and flexibility in regional light goods distribution for our customers. This goods-to-person technology investment is a testament to Yusen investing in the future growth and transformation of Singapore’s logistics infrastructure”

“The Asia-Pacific region is an important growth market,” says Dr. Christian Baur, Chief Operating Officer of the Swisslog Group and CEO of Warehouse & Distribution Solutions (WDS) Division. “I’m very excited about this order in Singapore. It’s a key step to grow our business and demonstrates the success of our global growth strategy.”

“Today, cutting edge technologies like AutoStore System are revolutionizing the logistics industry to provide faster and more reliable delivery,” adds Koh Seng Teck, Head of Southeast Asia, Swisslog’s Warehouse & Distribution Solutions division. “We are excited to receive this order for our Innovative AutoStore solution from Yusen Logistics who is also actively involved in light goods distribution logistics. This partnership demonstrates our innovative solutions and the expertise of our team to transform the landscape for automation in logistics. We look forward to continuing to support Yusen’s growth.”

Yusen Logistics Autostore Warehouse Project Contract Signing Ceremony 7 Dec 2016

From left to right in the picture.

Mr. Lloyd Wee, Sales & Marketing Director for Yusen Logistics SAOR and Singapore,

Mr. Koh Seng Teck, Managing Director Swisslog Singapore, Head of Swisslog Southeast Asia

Mr. Ng Kim Hung, Managing Director Yusen Logistics Singapore

Dr. Christian Baur, Chief Operation Officer of the Swisslog Group and CEO of Warehouse & Distribution Solutions (WDS) Division

Mr. Francis Meier, Head of Asia Pacific Region

Mr. Kee, Finance Director, Yusen Logistics Singapore

Yusen Logistics will be represented in Switzerland with a branch office, which expands its European network to a total of 78 locations.

The new operation, located close to Zurich Airport, will be offering its full range of integrated supply chain solutions, including air and ocean freight services, land transportation and Customs clearance. Further value-added services such as storage and domestic distribution can be offered on request.

Yusen Logistics offers particular expertise in the fields of aerospace, automotive, pharmaceuticals & healthcare, retail, technology & food, with specialist colleagues creating tailored solutions to diverse and complex requirements. Clients of the new branch in Switzerland will enjoy full access to the company’s total range of services.

Ian Veitch, Chief Regional Officer, Yusen Logistics Europe said, "This expansion in Switzerland represents an important strategic step for us. As well as serving our customers better with a personal contact on-site, we will be in a position to create new solutions throughout our global network, efficiently getting our customers’ products to their end destinations on time."

These new services represent a genuine innovation in the Russian transportation industry, with Yusen Logistics being the first international airfreight forwarder to offer such consolidation services at these three airports. Previously only Airport to Airport services under DAWB (Direct Air Waybill by the airlines) were available.

Nadezhda Krutiy, Airfreight Business Unit Manager, Yusen Logistics Russia commented: “By using Yusen Logistics’ House Airway Bill Import Consolidation service, customers can benefit from: Freight CC Service (charges collect), full visibility of cargo status, final mile delivery and warehousing if required, all under Yusen Logistics’ House Airway Bill.“

The consolidation operation also includes Customs Clearance services in Moscow and St Petersburg, operated by Yusen Logistics RUS LLC’s 100% owned subsidiary Yusen Terminal Logopark.

With over ten years’ experience in the Russian market, the company offers customers total end-to-end logistics solutions from a network of 7 sites, with 11,500 square metres of strategic warehousing and an in-house operated vehicle fleet.

Albert Abdulin, Managing Director, Yusen Logistics Russia added: “We are continuously looking for ways to innovate, grow and engage our global network to give our customers the best possible services and support them in doing their business in Russia”.

This prestigious award recognises Yusen Logistics’ “Eastern Europe” operations, which support the production of over 1.5 million vehicles per annum in Europe.

Yusen Logistics provides both LTL (Less than Truck Load), crossdocking and FTL (full trailer load) collection services for Renault in over seven countries including: Poland, Czech Republic, Hungary, Romania, Croatia, Slovakia and Slovenia.

This is a highly demanding and complex operation, and involves daily routing a high volume of automotive components to over 15 Renault locations throughout Europe.

Veronique Sarlat-Depotte, Managing Director of the Renault-Nissan Purchasing Organisation commented: “Serving Eastern Europe with crossdocks and linehaul, Yusen Logistics are considered as a very reliable partner, very transparent, very practical and very committed to what they are doing.”

Accepting the award on behalf of Yusen Logistics, Mikhail Kholyavenko, Director of Business Development and Product Management at Yusen Logistics (Europe), commented:

“We are absolutely delighted to receive this award from Renault, as recognition of our service to them. Quality is at the heart of Yusen Logistics culture, and we shall continue with our commitment to continuous improvement and Kaizen”.

A very happy New Year to all employees of the Yusen Logistics Group.

I am extremely grateful to be able to celebrate the New Year with all of you, who work so hard in every country and every region of the world.

Review of 2016

The global economy in 2016 remained, for the most part, unpredictable. In Japan, consumer spending stagnated and economic recovery was limited. Overseas, the U.K.’s decision to leave the European Union and the result of the U.S. presidential election were both major surprises; in addition, emerging nations suffered economic slowdowns, and exchange rates were subject to sudden fluctuations.

The Yusen Logistics Group aimed to expand sales as part of our Medium-Term Business Plan. We achieved solid growth in freight volumes in our ocean and air freight forwarding businesses, notably with consignments originating in Asia; in terms of profit and loss, however, our air freight forwarding business operated in an increasingly severe environment—this was particularly the case with outbound freight from Japan. While our logistics business continued to make investments, some regions suffered from the effects of decelerating economic growth.

Medium-Term Business Plan

Our Medium-Term Business Plan, “GO FORWARD, Yusen Logistics-Next Challenges-,” has now entered its final stages. Our overarching aim was to achieve sustainable growth, and it was with this in mind that we engaged in our Growth Strategy, Operational Strategy and Investment Strategy. It is clear that we have seen some success in expanding freight volumes, which was one of the principal elements of our Growth Strategy. Indeed, in our ocean freight forwarding business, I have personally experienced a positive shift in the way we are perceived by our shipping companies. This is a significant achievement, and one that was only made possible by the efforts of all of our employees in every country and region of the world. Thank you for your efforts.

With regard to our Logistics Business, we strived to improve the value-added services we provide in every region. This year, as has been previously announced, we will complete construction of multi-function logistics facilities in Bajío, Mexico, and Thilawa, Myanmar. Using these and our other overseas logistics facilities in an efficient manner, it is my wish that Yusen Logistics continues to provide high-quality services that cater to the sophisticated needs of our customers.

Looking ahead to 2017

2017 will see the completion of our current Medium-Term Business Plan, “GO FORWARD, Yusen Logistics-Next Challenges-” and, as such, I expect the early months of this year to be fruitful. The results we have achieved over the past 3 years have led to a strengthening of our corporate foundations, and will undoubtedly serve as a springboard for further progress.

This year will also see the announcement of a new Medium-Term Business Plan. The new plan is currently under discussion, but our basic strategy will continue in a similar vein. It is no easy task to achieve the qualitative and quantitative goals of a Medium-Term Business Plan and, if business environments change, then this task increases in difficulty. However, let us be ready to respond in a flexible manner and strive to realize our goals.

Over the past year, we have been contemplating how our company ought to evolve from both a medium and a long-term perspective. As a consequence, we expect to announce in spring a new Brand Platform that incorporates our Vision, Mission and Values. At Yusen Logistics, we daily address in a sincere manner the challenges both of our customers and of society through our business activities. Through these activities, I hope that we will be able to create new corporate values and, at the same time, I hope that we will evolve so that each employee can be proud of being a member of the Yusen Logistics Group. When creating new proposals, we must consider our deep ties to markets and societies; this will enable us to increase the value of the Yusen Logistics brand, and to develop into a company that will be chosen by our customers. And this, in turn, will contribute to the further growth of our company. I hope that all of you will develop a thorough understanding of our behavioral principles, “YL Brand Platform,” so that, together, we can unite and create a new Yusen Logistics.

Compliance

I have no doubt that all Yusen Logistics Group employees are aware of the importance of compliance. Precisely because you are aware, however, I ask you to once again review your activities. Even a minor misunderstanding or mistake can pose a serious risk and threaten to shake the group’s management to its very core. Compliance violations cause financial harm to the company, tarnish our brand, and inflict major damage not only on the individuals involved but on all group employees. This could lead to the loss of the trust of [all] our stakeholders, and signal a significant drop in the value of our group. I hope that you understand the gravity of such infringements, and I ask you all to go about your business activities in a fair and honest manner.

Closing

In order for Yusen Logistics to achieve continued growth, it is essential that we observe compliance and coexist in harmony with society. We can contribute to the development of the company by striving to innovate while maintaining high ethical standards. It is my hope that, through our Logistics Business, Yusen Logistics will help create a sustainable, valuable future, and achieve further growth as a truly global total logistics provider.

Finally, please allow me to wish all employees of the Yusen Logistics Group and all your families a happy and prosperous New Year.