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ITL and Seino launch joint venture in Vietnam
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ITL and Seino launch joint venture in Vietnam
The two companies announced on September 3 the launch of Seino-ITL Logistics, a joint venture that will provide less-than-truckload (LTL) services – a model that consolidates smaller shipments from multiple customers into a single truck for greater efficiency. The move comes as Vietnam’s logistics sector continues to grow at 14–16 per cent annually, with freight volume reaching 1.67 billion tonnes in the first seven months of this year, up 13.7 …
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