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LOGISTICS FIRM KOREA EXPRESS LAUNCHES JAPANESE UNIT.

AsiaPulse News

| July 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, July 3 Asia Pulse - South Korean logistics company Korea Express Co. said Monday it has launched a Japanese subsidiary to tap the logistics market in the neighboring country.

The Tokyo-based Korex Logistics Japan Co., capitalized at 753 million won (US$794,000), is 70 per cent owned by Korea Express and 30 per cent by K.E.C. International Co., an international cargo services arm of the company.

The Japanese unit plans to provide comprehensive logistics services, including maritime and aviation logistics forwarding, trading and ...

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