NYK expands car logistics capacity in China

NYK expands car logistics capacity in China    NYK Logistics (China) said it has expanded its capacity to handle inland car transportation in China.
   The company has ordered 100 car trailers, to bring its fleet to 700, for China's car market, which is now the world's largest.
   The NYK Group began transporting finished cars over land in China in 2003 and now provides transportation services throughout the country to Chinese, European, and Japanese auto manufacturers that produce cars domestically.
   “Domestic sales of new cars in China has since surpassed 13 million units, and the resulting demand for inland transportation has thus expanded and is expected to continue to grow in tandem with increasing imports and exports,” NYK said in a statement. “By purchasing more car trailers, NYK will be in a better position to accommodate transportation demand through use of its vast network throughout China.”