NYK Automotive Logistics (China) Co. Ltd. (NALC), a wholly owned NYK Group company established in 2011, has established a new vehicle processing center (VPC) that will be managed by NYK Vehicle Processing Service (Shanghai) Co. Ltd. (NVPC), a joint venture (NALC 75%, Tonglit Logistics 25%) established by NALC and Taiwan-based Tonglit Logistics Co. Ltd. The new VPC will provide customers with value-added services that are in high demand in the finished vehicle logistics businessin China, the world’s largest automobile market. An opening ceremony for the VPC was held on December 15.
In 2003, NYK began its finished vehicle logistics operations in China, and the company currently has finished vehicle land-transport services throughout the country, in addition to car-carrier terminal operations at the four major ports of Dalian, Tianjin, Shanghai, and Guangzhou. NALC handles approximately 4.5 million cars1 per year, making NALC the leading foreign-capitalized company providing finished vehicle logistics services. To meet the various needs of customers, this new VPC, which is located within 2 kilometers of a dedicated terminal for automobiles in Shanghai, will provide not only conventional services like storage, customs clearance, and PDI2 but also various value-added services such as sheeting, painting, and repairs.
In addition, to reduce the VPC’s environmental impact, solar panels are being installed on the roof by NYK Trading Corporation, an NYK Group company, and an automatic water-recycling device will filter and sterilize water used for car washes.
The NYK Group will take advantage of the creative solutions initiated in the company’s "More Than Shipping 2018" medium-term management plan, in addition to the group’s accumulated expertise and experience in finished vehicle transportation around the world, to provide higher quality services in China’s finished vehicle logistics market, where continual economic growth is expected.