Rhenus and Sankyo create joint logistics venture

The Rhenus Group and Sankyo Corporation have registered a joint venture called Rhenus Sankyo Logistics, focusing on tapping into the Japanese logistics market.

The joint venture will mainly handle imports and exports to and from Japan, but also provide domestic services including distribution and warehousing in the country.

Tobias Bartz, a member of the Rhenus board, said: “Japan is the fourth largest importer and exporter in the world. Because of its specific business culture, however, it’s difficult for foreign companies to establish a foothold in the market; so an experienced local partner is an enormous support.”