Yusen Logistics Australia has announced that it will open its sixth Sydney warehousing facility in January 2015. The site is at Greystanes in Western Sydney and is ideally located for all major arterial routes. The 134,548-square-foot warehouse, which is dedicated to a major US retailer, will comprise 18,500 pallet locations. Operations will commence immediately. Yusen Logistics Australia Managing Director Ian Pemberton said: "This additional facility continues the expansion of our portfolio in line with our three year growth strategy, and demonstrates our commitment to increase the range of international clients to whom we provide supply chain solutions. The capital investment is in excess of AUD2 million and the facility will employ an additional 25 Yusen Logistics staff." Yusen Logistics Australia is a leading provider of supply chain and transport solutions with over 26 years of service in Australia and revenues of over AUD125 million in 2014. The business has 12 offices throughout Australia with 420 people covering international freight forwarding, in-house customs clearance and contract logistics (warehousing and distribution) services.  Yusen Logistics Australia is part of a global network that is nearly 60 years old and has over 16,500 global employees in 469 locations. Yusen Logistics forms part of Nippon Yusen Kabushiki Kaisha (the NYK Group) which is one of the world's leading transportation companies. At the end of March 2014, the NYK Group was operating 876 major ocean vessels, as well as fleets of planes, and trucks. The company's shipping fleet includes 387 bulk carriers, 119 car carriers, 99 containerships (including semi-containerships), 77 tankers, 48 wood-chip carriers, 67 LNG carriers, three cruise ships, and 76 other ships (including multipurpose and project cargo). The NYK Group's revenue in fiscal 2013 exceeded $22 billion and it employs about 55,600 people worldwide. The Group is based in Tokyo and has regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo.