NYK Logistics launches global NVOCC services

NYK Logistics Group has launched Double Wing Express, a global NVOCC service  -  without the ships.

Double Wing Express (DWE) dovetails NYK's the local experience and knowledge with the combined purchasing power of NYK Logistics businesses worldwide to provide customers with highly competitive, reliable and flexible ocean freight services from any origin to any destination.

In line with the continued growth in imports from the Far East to Europe, NYK's European NVOCC business has grown exponentially in the last two years, with a 30% increase in uplift forecast for the current financial year. Worldwide, NYK's NVOCC business handled around 300,000 TEU last year, and under the DWE banner, plans to become a Million TEU Club member by 2012.

Headquartered in Hong Kong and with around 60 offices worldwide, Double Wing Express offers a complete range of services, including FCL and LCL, with a single Bill of Lading, common operating systems and procedures, automated data interchange with DWE offices and agents/suppliers worldwide and a global web-based track-and-trace system.

As part of the NYK Logistics Group, DWE also provides customers with access to a wide range of added value services and a genuinely end-to-end supply chain solution, from purchase order management to home delivery.

Philip Brown, International Business Unit director for NYK Logistics (UK), said: NYK's approach to the role of an NVOCC differs from that of many of our competitors. As a logistics business, ocean freight is seen as an integral part of the end to end supply chain, which is not purely a cost but part of a solution which needs to provide the optimum balance between cost and service. The majority of our competitors have evolved from being traditional freight forwarders to offer an NVOCC service and perceive ocean freight as being entirely commodity rather than value driven.