MOL Group said it’s expanding its logistic services.
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
- 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
- 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.
The company said it’s also expanding its
logistics buisness in Thailand where it has operated for 40 years.