Japan Post eyeing tie-ups for international distribution of goods
Japan Post is nearing the final stage of negotiations on comprehensive tie-ups with several major distribution companies such as TNT Post Group of the Netherlands and Japan’s major delivery company Nippon Express Co., a news report said Wednesday. The company wants the tie-ups, expected to be concluded by the end of the year, so it can set up joint firms to distribute goods for companies and gain a foothold in Asia, the largest daily Yomiuri Shimbun said.
Under the current law, Japan Post can only transfer international mail it receives in Japan to a postal service operator in another country. But the company wants to expand its services to better respond to the demands from domestic companies, such as speedy delivery, the paper said.
