NYK Logistics (Americas) Inc. (NLA) and Yusen Air & Sea Service (U.S.A.) Inc. (YAS) merged today, thereby creating a new major force in the global marketplace: Yusen Logistics (Americas) Inc.
In an interview with LM, marketing spokesmen said that the merger represents an expansion of the company’s “portfolio” of services.
“We can provide a Yusen branded and operated solution for every link in our customers’ supply chain, regardless of it’s complexity,” said senior vice president, Jim Craig.
But the move to consolidate was not driven by “branding” alone, spokesmen added. Indeed, Yusen will now offer full end to end service coverage. This includes origin cargo management, ocean freight forwarding through its Double Wing Express brand, airfreight forwarding, warehousing, reverse logistics, surface transportation and integrated supply chain solutions.
Globally, Yusen Logistics will employ over 17,000 staff across 412 offices and facilities and manage over 22 million square feet of warehousing space. In the Americas, Yusen Logistics will have over 60 office locations throughout North and South America. They will employ some 2,000 staff and operate 4.7 million square feet of warehousing space. The new company will be headed up by Masaki Tanaka, Chairman, Kazuo Ishizuka, President and CEO and Michael Noone as EVP & COO.
“The successful integration of our two strong companies will be accomplished by realizing a singular focus of employee consciousness, corporate governance and values,” Ishizuka. “This will allow us to deliver high-quality global supply chain services, creating greater value with each additional Yusen service we incorporate in to our customers’ unique solution.”
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