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JAN 20, 2004 (newstodate): UPS has today announced its decision to enhance its presence in the Japanese market by acquiring a minority shareholding of its Japanese joint-venture partner, Yamato Transport Co.
Effective April 1, 2004, the joint-venture company, UPS Yamato Express Co. will thus become a wholly-owned company of UPS.
UPS plans to invest in new facilities and technology and expand operations in Japan, where the company has been active, through Yamoto Express, since 1990.
Effective April 1, 2004, the joint-venture company, UPS Yamato Express Co. will thus become a wholly-owned company of UPS.
UPS plans to invest in new facilities and technology and expand operations in Japan, where the company has been active, through Yamoto Express, since 1990.