Japan Post to Cut Prices for Int'l Refrigerated Parcel Deliveries

Economy Politics

Tokyo, Aug. 21 (Jiji Press)--Japan Post Co. said Tuesday that it will lower prices for international refrigerated parcel deliveries of small containers by 15 pct on average starting Monday.

It will be the first price cut in the service since its launch in 2013.

The unit of Japan Post Holdings Co. <6178> aims to bring in more customers through the price cut at a time when demand is growing from Japanese companies delivering small portions of food to expatriate employees and from overseas consumers buying Japanese food online.

The price cut will affect the smallest of the three boxes used for the service. Prices will be lowered by 15 pct on average for chilled deliveries and 14 pct for frozen deliveries.

Japan Post will newly add Thailand to the service's delivery destinations, which currently total seven economies including France, India and Taiwan.

[Copyright The Jiji Press, Ltd.]

Jiji Press