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Tuesday, May 26, 2009

JAL form logistics alliance with Mitsui & Co. Ltd

JAL and Mitsui & Co., Ltd have met an agreement to form a logistics partnership in which each company will compliment each other with their respective strengths (air vs. sea). This will create a comprehensive and seamless one-stop solution to better meet customers' needs.

Given the recent nosedive in JAL's cargo volume and plummet in the global logistics demand, I would say this is a much needed partnership for both companies. Hopefully this will strengthen JAL's cargo business and improve (if not stop) the free-falling in their cargo volume.

Source: JAL press release

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