Press release
direct/ All Nippon Airways Co Ltd announces JV Exp. Delivery Service
Nippon Express, Kintetsu World Express and ANA to Create Joint Venture International Express Delivery Company- new company to serve Asia with express delivery services from April 08 -
TOKYO December 18, 2007 Tokyo based logistics companies Nippon Express, Kintetsu World Express and airline All Nippon Airways (ANA), today signed a memorandum of understanding to establish a new joint venture company to provide business to business international express delivery services in Asia. The new company will commence operations on April 1, 2008.
ANA will take a 34% share in the joint venture company which has yet to be named with Nippon Express and Kintetsu World Express both holding shares of 28%. The final 10% share will be taken by other forwarding companies.
The three companies cited the growth of international logistics and the increasing need for high quality, integrated, strategic distribution services as a driver behind their new joint venture. In particular, they pointed out the need in Asia for reliable and responsive logistics services to support the supply chains of businesses with rapidly expanding production bases.
To better compete in this changing environment, Nippon Express and Kintetsu World Express have been developing their own new products independently. ANA has also been working to create a cargo hub in Okinawa and highly efficient air network in Asia, with a move into the international express delivery market in its sights. The memorandum signed today will combine the expertise, experience and resources and of the three companies, allowing them to provide more effective and responsive services, and contribute to the growth of the domestic Japanese and regional Asian economies.
Contact:
Nippon Express
Tel: +81(0)3-6251-1454
Kintetsu World Express
Tel: +81(0)3-3201-2654
ANA
Tel: +81(0)3-6735-1116
The announcement distributed by Hugin directnews.
The issuer is solely responsible for the content of this announcement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release direct/ All Nippon Airways Co Ltd announces JV Exp. Delivery Service here
News-ID: 34134 • Views: …
More Releases from All Nippon Airways Co Ltd
direct/ All Nippon Airways Co Ltd announces 3Q Results FY2007
record revenue, operating income and net income for the nine-month period -
TOKYO January 31, 2008 ANA Group posted a record consolidated net income of 117.9 billion yen on record revenue of 1.14 trillion yen for the nine month period ended December 31, 2007, a 176.9% and 0.6% increase respectively. Net income was boosted considerably by the sale of ANA Group´s hotel assets on June 1 last year and is…
direct/ All Nippon Airways Co Ltd announces Mid-Term Corporate Plan 08-11
Innovation and Globalisation for Reform and Greater Profitability -
TOKYO January 31, 2008 ANA today announced its latest mid-term corporate plan for the four year period from April 1, 2008 - March 31 2012. This will replace the current Mid-term Corporate Plan 2006 - 2009 to better reflect the realities of the global and Japanese operating environment: continuously high jet fuel prices, deregulation and the imminent capacity expansion of Tokyo…
direct/ All Nippon Airways co Ld: ANA Notice of AGM Resolution
Notice of Resolution at the 62nd Ordinary General Meeting of Shareholders
We are pleased to announce that the items were reported and approved at the 62nd Ordinary General Meeting of Shareholders held today as follows:
Reported Items:
Reports were presented on the following items:
1. Business Report, Consolidated Financial Statements and Audit Reports of Consolidated Financial Statements by Independent Auditor and the Board of Corporate Auditors for the 57th term (from…
direct/ All Nippon Airways Co Ld: Notice of Transfer of Shares of Subsidiary Com …
TOKYO April 13, 2007 The ANA Board of Directors today decided to transfer the shares and assets of 14 subsidiary companies relating to ANA Group´s owned and leased hotels. Details of the transfer follow below:
1. Reason for Transfer
To dispose of ANA Group´s owned and leased hotel assets in line with its 2006-2009 Midterm Corporate Strategy, as announced on January 31, 2006.
2. Transferred Companies and Properties
ANA Property Management Co., Ltd, ANA…
More Releases for Express
Express Delivery Market: Emerging Trends & Growing Popularity | KY Express, SF E …
A latest study released by HTF MI on Global Express Delivery Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Express Delivery market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are part…
Courier, Express, and Parcel (CEP) Market 2019: Key Players- SF Expres, EMS, YTO …
Courier, Express, and Parcel (CEP) Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of…
Last Mile Delivery for E-commerce Market By Top Service Providers Express Mail S …
In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Last Mile Delivery for E-commerce market for 2018-2023.
Last mile delivery is defined as the movement of goods from a transportation hub to the final delivery destination. The final delivery destination is typically a personal residence. The focus of last mile logistics is to deliver items to the end user…
Courier, Express, and Parcel (CEP) Market Forecast To 2023 with Key Players SF E …
A report added to the rich database of Qurate Business Intelligence, titled “Global Courier, Express, and Parcel (CEP) Market Analysis & Forecast 2018-2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable…
Express Delivery Market 2022 Future Dynamics, Emerging Trends by Top Brands - A1 …
Global Express Delivery Market Size Status and Forecast 2022
The New Report "Global Express Delivery Market Size, Status and Forecast 2022 Report 2017" published by ReportsWeb, covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
This report studies the global Express Delivery market, analyzes and researches the Express Delivery development status and forecast in United…
China Express Delivery Market 2018 by Leading Companies 2022 - ZTO Express, YTO …
Delivery is the process of transporting goods and packages from one place to another destination as mentioned by the client. Delivery on the basis of transportation duration is divided into two categories i.e. standard delivery and express delivery.
Express delivery was originated in 1970s. In express delivery the express delivery company delivers the parcel within 24-72 hours. Express delivery facilities are used by different industries such as electronics and electricals textile…
