Press Release
SoftBank and Nippon Express to launch fleet management service
Cloud-based application targets SMEs to combat rising logistics costs
![SoftBank and Nippon Express to launch fleet management service](https://www.telematicswire.net/wp-content/uploads/2020/10/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_9_0_4_2_29952409-1-eng-GB_電子版)ソフトバンクと日本通運20201014170741_Data.jpg)
Wireless carrier SoftBank Corp and logistics firm Nippon Express plan to launch a joint venture offering fleet management services for small and medium-sized logistics firms, a source familiar with the matter said.
SoftBank will own 51% of the venture, the source said, which will offer a cloud-based service to monitor vehicles and help improve efficiency.
Japan’s third-largest wireless carrier is trying to growing revenue outside its core mobile business as it faces a fresh round of government pressure to cut prices.
A SoftBank spokeswoman said it had not announced such a plan, which was first reported by the Nikkei business newspaper. Nippon Express was not immediately available for comment outside of normal business hours.