NYK establishes logistics company for finished cars in Colombia

NYK has signed a joint-venture agreement with Intermodal S.A. to establish NYK Auto Logistics Colombia S.A.S (NYKCOL), a logistics company for finished cars. On September 14, a signing ceremony was held at the NYK head office in Tokyo and attended by Intermodal CEO Bernd Haubold and NYK senior managing corporate officer Koichi Chikaraishi.
 
Finished car imports to Colombia from Mexico – a country which is growing as a production base for finished cars - is expected to increase. NYKCOL has teamed with terminal operator Puerto Bahia to operate a finished-car logistics terminal that includes PDI at the port of Cartagena, which is located in the northern part of Colombia. This agreement with Intermodal S.A. will lead to NYKCOL expanding its services to include inland transport, storage, and PDI in response to expanding demand.