The global logistics giant Japanese Yusen Logistics are to enter into an important and strategic collaboration agreement with İnci Logistics in Turkey. Yusen Logistics enter a partnership with İnci Logistics, a subsidiary of İnci Holding. This collaboration in the logistics sector signifies a crucial step for both parties, not only for Turkey but also internationally. Yusen and İnci Logistics are expanding and strengthening their positions in the sector with a 32% partnership.

Yusen Logistics ranks in the top fifteen logistics companies in the world. It currently has offices in 40 different countries with 17,000 employees, supplying ocean and air freight forwarding, transportation and contract logistics services.

 

Yusen Logistics commenced its activities in Turkey on 1 October 2012 under the name Yusen Logistics Turkey. İnci Logistics, a subsidiary of İnci Holding, was founded in 1998 to provide domestic and international logistics, supply chain solutions and supply chain consultancy services. The collaboration between these two companies is officially announced today following a ceremony held at the Divan Hotel in Istanbul.

 

This collaboration will create a new and stronger player for customers seeking quality logistics and value added services in the Turkish markets. Bringing together the complementary experience of Yusen Logistics in global markets on the one hand, and İnci Logistics’ expertise in the domestic market on the other, the partnership will provide logistics solutions on a national and global scale.

 

This mutually beneficial collaboration will enable Yusen Logistics to strengthen its position in the Turkish markets, and İnci Logistics to expand its business volume on a global scale. Additionally, the improvement in the Japanese and Turkish economies will mean that this collaboration will be well placed to provide the high quality international logistics services so long demanded by the region.

 

The collaboration enables İnci Logistics to expand its investment programme and accelerate business growth by offering an agency network and a portfolio of overseas logistics services through Yusen Logistics.

 

Remarking on the partnership with Yusen, President of İnci Holding Perihan İnci said, ‘Logistics is a key economic driver in Turkey and worldwide. With the Turkish logistics industry currently worth $80-100 billion and forecast to reach $108-140 billion by 2017, we have strengthened our position in the sector with this partnership. This collaboration reflects increasing Turkish foreign trade and the need for competitive solutions for export traffic to a growing number of countries, as well as the needs of global brands in the Turkish domestic market. We are now in a position to accelerate our development in the sector, as Yusen is already active in countries where there is a concentration of Turkish foreign trade, serving leading global brands. We believe this collaboration serves the best interests of Turkish customers in the global market and global customers in Turkey’.

 

Managing Director of Yusen Logistics Europe Ian Veitch commented on the partnership, ‘I am delighted to endorse this partnership and we look forward to working with İnci Logistics to increase activity in this region. Yusen has ambitious growth plans for Turkish markets where we see significant opportunity in both the short and long term, in terms of both domestic and international solutions.’

 

In his assessment of the collaboration, Chairman of the Board İnci Logistics Cihan Elbirlik said, ‘İnci Logistics, as an İnci Holding subsidiary with roots in the automotive sector, now combines its much wider industrial logistics experience in the Turkish market with Yusen’s international expertise and global infrastructure. The companies will continue to expand themselves and improve a sector that has high quality logistics service expectations. İnci Logistics provides ocean and air freight to Europe, America, Far East, Middle East and Africa, and land transportation and storage solutions to Europe and CIS countries. This collaboration will help with our aim to reach the top ten logistics service providers in Turkey. Our expert team and advanced technological infrastructure provide tailor-made, value-added supply chain solutions according to the needs of the main and sub-industry, wholesale and service sector clients.’

 

Yusen Logistics Turkey’s Managing Director Hakan Meriç said, ‘Confident of the Turkish market, Yusen has chosen İnci Logistics as its partner to improve its presence in the region. The plan is to use Turkey as a hub to grow and strengthen its position as a regional player. This collaboration gives our companies a critical mass in the Turkish market and enables us to offer a better service to our clients.’