Dalton Investments Withdraws Shareholder Proposal to Trancom
June 17, 2022 at 12:00 am EDT
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On June 17, 2022, Trancom Co., Ltd. announced that held its annual general meeting on June 16, 2022. Since, there are no proposals from Dalton Investments LLC, the Campaign is deemed to be withdrawn.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.