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Yamato to expand logistics business in Southeast Asia

Facing labor shortage at home, Japanese parcel carrier looks abroad

A shortage of workers in its domestic market has prompted Yamato Holdings to look overseas for opportunities.   © Reuters

TOKYO -- Yamato Holdings is expanding its delivery business in Southeast Asia, starting a forwarding service for importers and exporters in Indonesia and Myanmar.

Its mainstay parcel delivery business in Japan is struggling due to a shortage of workers. The company hopes to expand and pull in revenue from Southeast Asia, where demand for logistics services is growing along with regional economies.

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