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Japan Post to launch logistics joint venture in bet on Australia's Toll

Once-ailing unit enlisted to help overseas brands reach consumers

The new logistics service will handle everything from orders and inventory to packaging and delivery. (Photo by Kento Awashima)

TOKYO -- Japan Post will set up a joint venture with Australian subsidiary Toll Holdings to meet demand for logistics support in Japan from automakers and major overseas brands.

The new company, expected to be called JP Toll, will add competition to an already fiercely contested corporate logistics market, which is expanding fast as online shopping takes off. The postal service aims to leverage the logistics expertise of the Australian company, whose struggles led to a group net loss in fiscal 2016.

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