Nippon Express (China) Co., Ltd. (Sumitoshi Matsuo, Chairman; hereinafter, "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC. (Mitsuru Saito, President), was designated one of the "Top 50 Chinese Logistics Companies 2023", the only Japanese company to be so honored, at the China Logistics Situation Development Analysis Conference and Top 50 Chinese Logistics Companies Forum jointly hosted by the China Federation of Logistics and Purchasing and Hebei Transportation Investment Group Corporation in Wuhan, China on August 3.
This event has been held annually since 2005 by the China Federation of Logistics and Purchasing to select the "Top 50 Chinese Logistics Companies" from among tens of thousands of Chinese and foreign logistics companies in China based on logistics revenue statistical data. Inclusion among the Top 50 is determined using such management benchmarks as sales, company size, growth potential and profitability. Approximately 600 logistics company representatives and experts from all over China participated in this year's event, and NX China placed among the Top 50 for the seventh consecutive year since 2017.
The Nippon Express Group will continue helping customers develop their business activities by offering international transport services utilizing its global network and further expanding its logistics functions within China to realize its long-term vision of becoming a logistics company with a strong presence in the global market.