A Japane
Allex, is a joint venture between All Nippon Airways, which holds 36.4%; Japanese freight forwarders led by Nippon Express and Kintetsu Worldwide Express, hold 30.4% each. Thhe rest is owned by Yusen Air & Sea and MOL Logistics.
All of which will change the balance of power for air freight between China and Japan may mean a lot of jvs between Japanese and Chinese forwarders.
None of the players in this area are in a relaxed state at the moment as Japanese investigators have raided offices of 13 logistics companies, as well as of the Japan Aircargo Forwarders Association, looking for evidence of anti-competitive activities.
Source: Air Cargo Online