NEC and Nippon Express form strategic partnership to strengthen global logistics services

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NEC and Nippon Express form strategic partnership to strengthen global logistics services
– NEC Logistics to become joint venture of NEC and Nippon Express –
NEC Corporation (NEC; TSE: 6701) and Nippon Express Co., Ltd. (Nippon Express; TSE: 9062) have reached an agreement to form a strategic partnership in order to strengthen their global logistics business. As part of this partnership, NEC will transfer a portion of its shares in NEC Logistics, Ltd. (NECL) to Nippon Express …