[vc_row][vc_column][vc_column_text]NYK Group will purchase the remaining shares of Yusen Logistics, its freight forwarding subsidiary. The transaction is expected to close in the first quarter of 2018, reports said.
The decision is part of the company’s strategy to expand beyond its traditional international shipping to asset-light services such as third-party logistics and ocean freight forwarding.[/vc_column_text][/vc_column][/vc_row]
