Japan’s Kintetsu World Express saw its group revenue soar 26.3 percent year-over-year in the first nine months of fiscal 2015, which ends March 31, to 295.159 billion yen ($2.57 billion), but that wasn’t enough to stop the company from downgrading its full-year revenue and profit forecasts.
NYK Volunteers Participate in Revitalization Activities in Area Devastated by the Great East Japan Earthquake
Yoichi Hasegawa, President of Taiyo Nippon Kisen Co., Ltd. receives Doctor Honoris Causa From Bulgarian Nikola Y. Vaptsarov Naval Academy
Trade Tech to Host Seminar Series With NACCS to Help Shipping Community Prepare for Japan’s New 24-Hour Rule
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
05 Feb 2016
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
04 Feb 2016
Two of Japan’s big three shipping lines sailed into the crosshairs of Moody’s ratings agency, with the outlook of Mitsui O.S.K. Lines being reviewed to negative and K Line heading for a downgrade as weaker than expected profitability clouded their 2016 prospects.
01 Feb 2016
Yusen Logistics Co.’s net profit more than doubled in the first nine months of the fiscal year ending in March on a year-over-year basis thanks to solid revenue growth, particularly overseas, and a negligible extraordinary charge.
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).
29 Jan 2016
ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
13 Jan 2016
The municipal government of Yokohama in Japan’s Kanagawa Prefecture has set up a new company to operate the prefecture's ports in Yokohama and Kawasaki in an integrated manner.
12 Jan 2016
Japan’s international air cargo trade will fall 4.5 percent in fiscal 2015, which is the first annual decline in two years, according to a report by Nittsu Research Institute and Consulting Inc., a subsidiary of Nippon Express Co., Japan’s largest international freight forwarder.
11 Jan 2016
A Nittsu Research Institute and Consulting Inc. report predicts that Japan’s container throughput will contract 3.4 percent year-over-year in fiscal 2015 and grow just 1.3 percent in fiscal 2016, which begins April 1, due to weakness in China's economy.
07 Jan 2016
Foreign trade-related container throughput at the port of Yokohama fell for the seventh month in a row in October as the government of Japan takes action to shore up the international competitiveness of its key container ports.