Yusen Logistics is expanding its warehousing operations in Duisburg, Germany, in order to consolidate its European network around strategic locations.
“The expansion of Yusen Logistics’ Duisburg warehouse operation should be seen in the context of the company’s efforts to optimize logistics flows for its customers across Europe,” said Mikhail Kholyavenko, Yusen’s business development director for Europe, in an e-mail to the JOC. “New economic realities require agile supply chains that cover the entire European Union from a limited number of strategically located distribution centers and Yusen Logistics is putting the infrastructure in place to enable this.”
With the European Union's struggling economy, logistics companies need efficient supply chains to drive profitibility. The EU’s gross domestic product dropped 0.4 percent year-over-year in 2012 and is expected to be flat in 2013, according to Eurostat. Yusen, a geographically diverse company, relies on Europe for 22 percent of its international business, based on net sales by region in fiscal year 2013, ending March 31, 2013.
The newly expanded operations build on the Tokyo-based freight forwarder’s current capacity of 133,795 square feet within a complex of five warehouses, adding an additional 85,301 square feet across three additional facilities. The extra capacity allows Yusen Logistics to offer 32,808 square feet of fully racked storage, 32,808 square feet of specialized automotive cross-dock space and 19,685 square feet of hazardous goods storage.
Yusen Logistics, a division of NYK Group, has operated distribution centers in Duisburg since 1999, catering to consumer goods and parts manufacturers.Yusen’s operations are located near nine container terminals that are part of the inland port Duisport, which has rail and barge connections to the ports of Rotterdam, the Netherlands, and Antwerp, Belgium.
Separately, Yusen Logistics has announced it is also expanding its operations at Pusan Newport in South Korea, with the aim of reducing lead time and transportation costs for customers along the coast of the Sea of Japan. The company operates a 72,178 square foot warehouse at the port, providing freight forwarding service to Busan from the Japanese ports of Sakai, Fushiki, Toyama and Sakata. Yusen said current customers using the service include food, beverage and apparel retailers; construction companies; raw material vendors; and metal manufacturers.
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