The Logistician
  • Tiếng ViệtTiếng Việt
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Login
  • Register
No Result
View All Result
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Tiếng ViệtTiếng Việt
  • Login
  • Register
No Result
View All Result
The Logistician
No Result
View All Result

Japan Post considers sale of Australian logistics business

September by September
25/08/2020
in Blog
Japan Post cân nhắc việc bán lại doanh nghiệp Logistics của Úc

Japan Post Holdings has started discussions to sell off businesses of an Australian logistics company that it acquired in 2015 for 620 billion yen ($5.8 billion) as it sought to globalize its operations, Nikkei has learned.

Two years after the acquisition, Japan Post was forced to write off more than 400 billion yen of the acquisition costs due to sluggish sales.

The Japanese company has begun seeking advice from several securities companies regarding the sale of the struggling Australian company’s businesses and plans to choose one Japanese and one foreign brokerage to advise it.

“The sale must be considered separately for each business,” a Japan Post executive told Nikkei.

Toll offers a range of services, from freight transport to warehousing to supply chain consulting.

Its domestic delivery business in Australia is responsible for most of the group’s losses. Its international forwarding business has also been in the red in recent years.

A financial expert wonders whether the troubled Australian company can find buyers, and there is some unease that a reorganization can proceed as expected.

For the fiscal year through this past March, Japan Post’s international logistics business posted an operating loss of 8.6 billion yen. The company also recorded an 8.2 billion yen deficit for the April-June quarter, a worse performance than a year earlier.

Source: Asia.nikkei
Tags: LossesSale offToll Group

Related Posts

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

01/07/2022
0
Private: TP Hồ Chí Minh xem xét chuyển đổi mục đích sử dụng một số khu công nghiệp sang logistics

Ho Chi Minh City considers converting some industrial parks into logistics

29/06/2022
0
Image: Thu Trang

DB Schenker’s agreement to acquire USA Truck

28/06/2022
0
Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

22/06/2022
0
FedEx invests in FourKites to build intelligent supply chain platform

FedEx invests in FourKites to build intelligent supply chain platform

22/06/2022
0
LG Electronics “shake hand” with CJ Logistics to develop logistics robots

LG Electronics “shake hand” with CJ Logistics to develop logistics robots

19/06/2022
0

ĐỀ XUẤT NÊN ĐỌC

Sourcing PPE dominates air capacity and pushes rates, but more lift is on the way

Sourcing PPE dominates air capacity and pushes rates, but more lift is on the way

3 years ago
0
Cảng Piraeus trở thành cảng container lớn nhất khu vực Địa Trung Hải

Piraeus Becomes Top Container Port in Entire Mediterranean

3 years ago
0
Tiếp tục vượt Trung Quốc, Việt Nam dẫn đầu về xuất khẩu nội thất sang Mỹ

Continuing to surpass China, Vietnam leads in furniture exports to the US

1 year ago
0
Maersk: Ambition to take the lead with eco-friendly businesses

Maersk: Ambition to take the lead with eco-friendly businesses

1 year ago
0
ADVERTISEMENT

THẺ NỔI BẬT

ACQUISITIONaircraftairlinesamazonAppleblockchainBoeingchinaCMA CGMcontainerContainer shortageCovid-19covid19crisisDHLe-commerceEuropeEVFTAexportfedexgoodsinfrastructureInvestmentLNGlogisticsLogistics centerM&Amaerskportport congestionRAILWAYRussiaRussia-Ukraineseasupply chainSupply chain disruptiontechnologyThai AirwaysthailandtransportusvietnamVietnam AirlineswalmartWarehouse
ADVERTISEMENT

TIN TỨC PHỔ BIẾN

  • Uniqlo Supply Chain Management

    Uniqlo Supply Chain Management

    0 shares
    Share 0 Tweet 0
  • Certificates that advance your career in Logistics and supply chain management

    0 shares
    Share 0 Tweet 0
  • How Aviation Fuel Differs From Regular Fuel

    0 shares
    Share 0 Tweet 0
  • Cross-docking: The key to Walmart’s great success

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube RSS
The Logistician

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

  • Login
  • Sign Up
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
  • Tiếng ViệtTiếng Việt

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

-
00:00
00:00

Danh sách

Update Required Flash plugin
-
00:00
00:00