SH Global Freight Sdn Bhd Signs Joint Venture Agreement with Maruzen Showa Unyu Co Ltd
December 02, 2015
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SH Global Freight Sdn Bhd has signed a joint venture agreement with Maruzen Showa Unyu Co Ltd. to establish a JV company (JVC) to undertake logistics and forwarding business. See Hup said the JVC, Maruzen SH Logistics Sdn Bhd, will operate and provide logistics, forwarding, warehousing and other related incidental business and services.
Maruzen Showa Unyu Co.,Ltd. is a Japan-based company mainly engaged in the lorry transportation business, port transportation business and on-site work. The Company operates through two business segments. The Logistics segment is involved in the lorry transportation business, freight transportation business (lorry, railroad, ocean shipping, coastal shipping, and air transportation), port transportation business (general port transportation, port cargo handling (onboard and coastal barge transportation), warehouse Business, customs clearance, packing, marine transportation and air transportation agency. The On-Site Work and Machinery Cargo Handling segment is engaged in the transportation, assembly, replenishing, storage and cargo handling of raw materials, products, heavy cargos and precision machinery in factories, as well as the leasing of machinery. The Company also provides services such as construction, security, real estate, insurance agency and car maintenance.