Japanese and Chinese cold chain logistics joint venture

Tokyo, Japan: Japanese firm Itochu Logistics has signed a deal with a Dalian-based fishing firm to establish a cold chain logistics joint venture first in China, and then in the Association of Southeast Asian Nations’ region, reported the Japanese news website Lnews.

The deal was signed with state-owned Dalian Marine Fisheries.

The joint venture is to develop a cold chain network, first around northeast China and the Dalian region. Itochu specializes in warehousing, transportation and other refrigerated logistics.

“Efforts in cold chain operations are not specific to China, but in the future we aim to further expand cold chain networks, including the ASEAN region,” the firm said.

Itochu’s focus is on locations where the spread of cold chain logistics has been slow. In 2002 a subsidiary was established in Qingdao to perform refrigerated warehousing and distribution.

The new joint venture will be named RenRyo-ryo pelagic Hiyakusari Logistics Company. and is planned to be established in January 2015.

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