Japan's Sankyu signs agreement with Pos Malaysia
Major distribution company SANKYU INC. has struck a business cooperation agreement with POS MALAYSIA BHD, farming out pickup and delivery of parcels for the Sankyu Business Yu-Pack service in Malaysia to the postal service provider. Developed by Sankyu and Japan Post, the small-lot international door-to-door parcel delivery service for businesses is often used by Japanese firms to export parts and import textile products.
With pickup and delivery offered only in limited areas in Malaysia, the service’s handling of parcels to and from that nation has remained at around 1 ,000 a month.
Sankyu hopes the tie-up will boost the figure to 10,000 by the end of fiscal 2007.
