Nippon Express has signed a memorandum of understanding for a business alliance with Shanghai Sheng Sheng Logistics, which is engaged in the domestic transportation of biopharmaceuticals. China has its own quality control standards for pharmaceuticals and a complex pharmaceutical distribution system, which creates high barriers to entry for foreign logistics companies. Through this alliance, the two companies will combine their global network outside of China with Seisheng Logistics' domestic transportation network and packaging technology to develop a multi-temperature ocean consolidation service and an integrated cold chain transportation service.
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The January 2024 rankings of Japan's international airfreight forwarders have been released, with Nippon Express in first place with 13,890t (+4.7% y/y), Yusen Logistics in second place with 9,591t (+
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