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TOKYO: August 01, 2018. Yusen Logistics has acquired 20 percent of Shanghai NYK-ANJI Logistics – the new name of a joint venture set up in 2004 by NYK and ANJI Automotive Logistics called NYKANJI Car Transportation.

Over the past decade NYKANJI has operated land transportation for finished cars in China for the Shanghai Automotive Industry Corporation, to which ANJI belongs, and a number of other automobile manufacturers.

NYK Auto LogShareholding in the renamed company is now ANJI (51 percent), NYK (29 percent) and Yusen Logistics (20 percent). NYK and Yusen say the new collaboration is designed to expand their business in auto parts and finished car logistics.

NYK operates the world's largest car carrier fleet; Yusen Logistics is a global ocean/air freight forwarding and contract logistics network; and ANJI has a strong presence in the warehouse and transportation business for China’s automotive industry.

The three companies plan to offer an integrated automotive logistics service that covers overseas parts procurement, finished car transportation, and the transportation of aftermarket parts.

NYK recently released a medium-term plan called ‘Staying Ahead 2022 with Digitalization and Green’ with a focus on strengthening its logistics, car carrier and auto-logistics businesses. Yusen is expected to support NYK with an integrated automotive logistics service, while ANJI specialises in rail transport between China and Europe and warehousing and transport services in China.

Last month NYK Auto Logistics India (NALI) signed an agreement with Adani Logistics (ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.

NALI currently provides an integrated transport service for finished cars in India, including inland transport by trailers and PDI (pre-delivery inspection), enabling end-to-end delivery from auto assembly to ports and final-mile retail. ALL, a subsidiary of India’s Adani Group, supports port operations in India and operates automobile freight trains.

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