 MOL does not simply market existing logistics facilities. We combine the MOL Group's global network and IT system, and our Group companies' accumulated logistics technologies and know how, and truly understand customer needs and continually expand our logistics business by offering optimum solutions and a broad range of service menus to satisfy their needs. In today's ever-changing business environment, we try to provide the most responsive customer service, and are always on the lookout for future tie-ups with partners.
<Business Performance during FY2008>
Income in the air cargo transport business for this fiscal year showed a major decrease compared to the previous year as the economic downturn and declining cargo volumes on a global scale during the second half of the year outstripped our emergency measures, which included cost reductions. On the other hand, we pushed ahead with our development and strengthening of the MOL Consolidation Service (MCS) business which will allow us to offer an integrated service from freight receiving facilities to the destination. The MCS business has grown steadily, earning new business from major U.S. retail chains. |