The Japanese company noted “in recent years, particularly in the Mekong region, the group has aggressively developed its networks, and providing a wide variety of competitive service options in Thailand and Vietnam.”
MOL said it “has confidence in the future growth of the logistics business and positions it as a business domain that will yield stable profits,” and is “taking a more proactive stance in increasing investment, expanding investment businesses and enhancing services, while building upon the advantages of its group companies.”
MOL said its logistics services include:
- MOL Logistics (Japan) Co., a combined logistics service/forwarding business in 22 countries. This year it opened new subsidiaries in Cambodia, Indonesia and a branch in Central Mexico.
- MOL Consolidation Service will see its volume reach 180,000 TEUs this year.
- Utoc Corp., a heavy-weight cargo transport company with businesses centering on harbor and port transit, logistics, and plant transit. In Japan, it operates 14 warehouses and has a fleet of 200 vehicles, mainly used for container transport as well as special vehicles for plant transport.
