January 21, 2025
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) has launched a new B-to-C business, "MOL CART" on the 20th of January. MOL CART provides an international delivery and forwarding service for overseas residents, also serves as a temporary storage of goods purchased from Japanese online shopping sites.
MOL CART is a delivery and forwarding service that delivers all kinds of Japanese products to overseas residents easily and safely and offers highly convenient warehousing and logistics services for a variety of situations by offering virtual warehousing functions that can be managed by customers themselves.
MOL CART offers each customer a dedicated virtual warehouse on the platform and provides the flexibility to use that for various needs.
Delivery service will begin in seven regions: China, Hong Kong, Macau, Taiwan, Singapore, Australia, and Japan. We plan to expand our service to other regions in the future. Furthermore, MOL is also strategically expanding the range of products handled and continuously enhances the functionality of its virtual warehouses.
MOL CART originates from a business concept adopted under our "MOL Incubation Bridge" program launched in 2019 to foster innovative new business ventures. This new service was designed to address challenges faced by overseas customers in accessing a wide range of high-quality Japanese products. In the midst of a surge in inbound tourism and growing global demand for Japanese goods, MOL will promote Japan's industrial development and contribute to economic growth by serving as a vital platform for international commerce.
In April 2023, MOL established the "Wellbeing & Lifestyle Business Division" to develop businesses that enhance the well-being and lifestyles of all stakeholders. This shift aims to create a robust business foundation centered on "people" complementing MOL's cargo transportation services. The division encompasses diverse businesses, including real estate, cruise ships, and ferries, other than traditional scope of shipping. By expanding and growing these businesses, MOL is taking on the challenge of creating new value in response to the diverse needs of society. MOL CART as a prime example aims to maximize customer synergies.
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RED 小紅書 "MOL CART倉儲集運倉"
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MOL Group 5 Sustainability Issues
MOL Group identifies "Sustainability Issues" (Materiality) as our key issues for sustainable growth with society through realization of the Group Vision.
We anticipate this initiative to contribute especially to the realization of "Human & Community -Contributing to the growth and development of people and communities-".