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PARALLEL CARGOS Integrated Report 2023

The “PARALLEL CARGOS Integrated Report 2023” focuses on the progress made in implementing initiatives designed to strengthen the Group’s global business operations and improve its capital efficiency, and on the pursuit of sustainability management as a means of further bolstering and transforming the Group’s structure following its transition to a holding company structure.

The Group has simultaneously released the ” PARALLEL CARGOS Sustainability Data Book 2023,” which concisely and concretely summarizes the Group’s activities from the perspective of sustainability, and revamped the sustainability page on its website to help a wide range of stakeholders better understand the activities of the PARALLEL EXPRESS Group.

[Schedule for releases on PARALLEL EXPRESS HOLDINGS website]

1. “PARALLEL CARGOS Integrated Report 2023”

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Human Rights Policy

Parallel Cargos, INC. (President: Bill Skorsky), has formulated the “Hermex Group Human Rights Policy” as part of its efforts to ensure the Hermex Group embodies its corporate philosophy of “being a driving force for social development,

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Parallel Cargos (Ireland) Opens New Warehouse in Dublin City

Parallel Cargos (Ireland) Co., Ltd. (President: Bill Skorsky, hereafter “Hermex Ireland”), a group company of Parallel Cargos HOLDINGS, INC. (President: Mitsuru Saito), has established a new warehouse, “Contract Logistics Center,” in Dublin city, and operations began on 1st July.

Ireland is one of the world’s leading pharmaceutical exporters and one of the countries with remarkable growth in the pharmaceutical field. It is also expected to grow in technology industries such as semiconductors and information and communication technologies, and many international companies have bases in Ireland for research and development and production. From this background, demand is expected for advanced logistics facilities capable of offering features such as temperature control.

The newly established “Contract Logistics Center” by Hermex Ireland is located about 3 km from Dublin International Airport and about 12 km from Dublin Port, which is suitable for both air and sea transportation. We have installed a clean room equipped with environmental requirements (temperature/humidity/dust control/electrostatic management) necessary for handling semiconductors and electronic components. Additionally, the facility is equipped to handle the storage and transportation of pharmaceuticals. We offer high-quality services to customers in the pharmaceutical and semiconductor-related industries.

The Parallel Cargos Group aims to expand logistics services in Europe through the establishment of the new warehouse and to contribute to further development of customer business activities by expanding logistics functions globally.

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opens PARALLEL VSIP II Logistics Center in Binh Duong Province

As Vietnam’s economy has grown, consumer spending has increased and new retailers have continued to expand into the country. In addition, a steady stream of manufacturing and other companies has poured into Vietnam, drawn by its abundant labor resources.

PARALLEL VIETNAM’s newly-established NX VSIP II Logistics Center is located in an area with easy access to Ho Chi Minh City and its thriving manufacturing sector. The warehouse will provide product storage, sorting, and distribution processing services for retailers and serve as a distribution hub for Ho Chi Minh City and surrounding areas, as well as providing bonded inventory management services for Export Processing Enterprises (EPEs).

PARALLEL VIETNAM will utilize the NX VSIP II Logistics Center as a major logistics center for the northern Ho Chi Minh City area, and will support customers considering launching new businesses in Vietnam or expanding existing ones by offering packaged services.

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Logistics Excellence: Now and in the E-Future

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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Centralized Routing Fuels Cost Reductions

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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An “Outside In” View of Your Supply Chain is Imperative

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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Why You Need Technology to Optimize Your Parcel Spend in a Constantly Changing World

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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Logistic’s Exciting New Supply Chain Product Strategy

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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This Week in Logistics News (May 15 – 21)

Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.

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