Japan Post, Seino to Team Up to Overcome Logistics Crisis

Economy

Tokyo, May 9 (Jiji Press)--Japan Post Co. and Seino Transportation Co. said Thursday they will jointly operate long-haul trucks to cope with a serious shortage of freight drivers expected to be caused by an overtime cap for them that took effect last month.

In the regular joint operation starting as early as April next year, the mail and parcel delivery unit of Japan Post Holdings Co. and the major trucking company will load the same truck with their respective cargoes to be transported to a distribution center.

To improve road freight efficiency in Japan, the two companies plan to call on other firms to take part in the program in the future.

"We want to expand the alliance network in the industry," Japan Post CEO Tetsuya Senda told a joint press conference in Tokyo.

Seino President Satoshi Takahashi noted that the tie-up can realize "co-creation" by utilizing the two firms' strengths.

[Copyright The Jiji Press, Ltd.]

Jiji Press