JAL sells off logistics division

JAL sells off logistics division    Japan Airlines said Monday it is selling its entire 72 percent share of JAL Logistics Co. to Hamakyorex Co. Ltd., through a stock transfer as the air carrier continues to downsize through a state-run bankruptcy process.
   Hamakyorex is a Japanese third-party logistics provider.
   JAL Logistics provides logistics service to internal customers within the JAL Group and outside firms.
   JAL has already divested other units, including its cargo handling and ground handling subsidiaries, and will shut down its dedicated freighter fleet by mid-fall.