NYK Enhances Its Inland-Transportation Service in China for Finished Cars
July 7, 2010
NYK Logistics (China) Co. Ltd. (NLC), a wholly owned subsidiary of NYK, has ordered 100 car trailers to meet the inland transportation needs for China’s car market, which is now the world’s largest. After this procurement, the company will have 700 car trailers at its disposal and will rank among the leading foreign-capitalized companies providing finished car transport service.
The NYK Group began transporting finished cars over land in China since 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. By purchasing more car trailers, NYK will be in a better position to accommodate transportation demand through use of its vast network throughout China.
