NEWSWORTHY
Yamato agrees to jointly develop flying delivery trucks with U.S. firm
Yamato Holdings Co. said Friday it has agreed to jointly develop an unmanned cargo aircraft with Bell Helicopter Textron Inc. of the United States, aiming to launch the "flying truck" by the mid-2020s amid a labor shortage in the logistics industry. Yamato said it will ...
Yamato admits it intentionally overcharged clients for moving services
Yamato Holdings Co. said Friday an internal probe found a moving service subsidiary intentionally overcharged customers, with the misconduct carried out systematically in some cases. The parcel delivery and moving service company said its five board members, including President Masaki Yamauchi, will return part of ...
The transport ministry conducted an on-site inspection Thursday of Yamato Holdings Co. after it admitted to overcharging corporate clients an estimated ¥3.1 billion over the past five years. Six officials of the Land, Infrastructure, Transport and Tourism Ministry were seen entering the headquarters of a ...
Yamato says it overcharged corporate moving service clients by ¥1.7 billion
Yamato Holdings Co. said Tuesday it has overcharged corporate moving service clients by ¥1.7 billion over the 24 months through June. During the period the group handled 124,000 moves. Inappropriate charges were found for nearly 40 percent of the total, or about 48,000 cases, according ...
Yamato Holdings logs first rise in operating profit in three years
Yamato Holdings Co. has announced its annual group operating profit grew for the first time in three years on the back of its fee hikes last fall. In fiscal 2017, which ended in March, Yamato's operating profit grew 2.3 percent year-over-year to ¥35.7 billion, the ...
Yamato Holdings Co. plans to provide logistics services in Myanmar through a joint venture with a local partner, aiming to capitalize on growing demand for trade and road transport from foreign companies. Yamato Global Logistics Myanmar Co., set up at the end of last year ...
Yamato Holdings to hire 10,000, including drivers for night deliveries, over three years
Yamato Holdings Co., a Japanese parcel delivery service group, said Thursday that it will hire 10,000 new workers, including drivers specializing in busy night deliveries, over the three years through fiscal 2019. The move is part of measures designed to improve drivers' working conditions that ...
Japan Post Co. said Tuesday it will raise basic shipping fees for its door-to-door parcel delivery service by an average 12 percent from next March as labor costs continue to climb due to a courier shortage. The mail and package delivery unit of state-owned Japan ...
Yamato to hire 9,000 new workers, covering payroll costs through fee hike
Leading parcel delivery provider Yamato Holdings Co. is aiming to hire about 9,200 new workers in the current year through next March to reduce overtime among delivery personnel, company sources said Wednesday. The sharp increase over the previous year will lead to substantially greater personnel ...
Overwhelmed Yamato mulls exit from Amazon's same-day delivery service
Yamato Transport Co., Japan's leading door-to-door courier firm, is considering withdrawing from its same-day delivery service for Amazon.com Inc. to reduce the heavy workload on its drivers, sources close to the matter said Friday. The online retail giant offers the service to customers who pay ...
JTB, Panasonic, Yamato eye paperless luggage transport service for tourists
JTB Corp., Panasonic Corp. and Yamato Holdings Co. said Wednesday they are joining forces on a cloud-based service that will give tourists the option of exploring Japan without carrying their luggage around. Starting in March, arriving travelers will be able to have their luggage delivered ...
