JAL to sell logistics arm

Japan Airlines (JAL) is to sell its 72 per cent stake in JAL Logistics to Shizuoka-based cargo distribution centre operator Hamakyorex. JAL Logistics’ main business is the provision of land transportation and customs clearance services. The move is part of the beleaugured group’s ongoing restructuring efforts.


Hamakyorex JAL JAL Logistics Japan Airlines restructuring


Japan Airlines (JAL) is to sell its 72 per cent stake in JAL Logistics to Shizuoka-based cargo distribution centre operator Hamakyorex. JAL Logistics’ main business is the provision of land transportation and customs clearance services. The move is part of the beleaugured group’s ongoing restructuring efforts.