The new unit comprises the assets of Orient Consolidation Services, a cargo management service; United Warehouse & Distribution Corp., a West Coast provider of warehouse and transload services; ETA Transportation of Bentonville, Ark., an integrated logistics and U.S./Mexico cross-border service provider; GST Corp., an intermodal marketing company and logistics product supplier for the domestic market; and NSRI, NYK Group's internal information resource component.
NYK said the new structure will closely interface with NYK's existing liner organization.
'In the past, many of these products and services were offered, but not in the integrated fashion required in the dynamic and challenging marketplace we see today,' said Kinichi Hirayama, chairman of NYK (North America) Inc., and chief executive officer of the new entity.
Saburo Yamagata, a member of the board for NYK Logistics (Americas), said 'by combining our strengths in the intermodal arena with our proven capabilities in Asia consolidation and cargo management, warehousing and cross-dock operations, cross-border and reverse logistics, then adding our transaction and cargo visibility technologies, we know we will continue to be a compelling force in the all-important logistics market.'
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now