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Sea Freight

Japanese shipping major to set up new logistics company

25 Apr 2018 - by Staff reporter
MOL Worldwide Logistics will be headquartered in Hong Kong.
MOL Worldwide Logistics will be headquartered in Hong Kong. 
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Mitsui OSK Lines (MOL) will combine its logistics and consolidation service companies into one new company branded “MOL Worldwide Logistics” effective from July.

According to a statement released by the line today, this move is aimed at expanding the group’s Non Vessel Operating Common Carrier (NVOCC) business by centralising marketing, procurement, network operations and global account management.

Once the new company is established, MOL Logistics and MOL Consolidation Service will share a single cloud-based freight forwarding system to control and manage all aspects of shipments from origin to destinations.

“The new company will use ICT technologies such as “Robotic Process Automation” to streamline routine data input tasks, improve data accuracy, and provide real-time cargo tracking by mobile using GPS devices placed in containers,” an MOL spokesperson added.

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