Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit soar in the first quarter of fiscal 2015 on the back of robust international revenue growth driven by the weak yen and increased air cargo traffic.
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
03 Aug 2015
Japanese international freight forwarder Yusen Logistics Co. returned to profit in the first quarter of fiscal 2015, which started April 1, thanks to robust revenue growth and the end of heavy losses caused by an antitrust lawsuit in the United States.
31 Jul 2015
Russia plans to significantly increase the volume of its container trade with Japan by building a new rail bridge that will connect Sakhalin, Russia's largest island in the north Pacific Ocean, with Hokkaido, Japan's second largest island.
31 Jul 2015
Japan’s three largest container lines saw their net profits surge in the first quarter of fiscal 2015, buoyed by brisk container traffic volume from Asia to the United States as well as a weaker yen and lower fuel prices.
29 Jul 2015
ANA Holdings Inc. saw its group net profit more than double year-over-year in the first quarter of fiscal 2015, which started in April, despite weaker revenue from cargo operations.
07 Jul 2015
A Tokyo-based research firm has downgraded its outlook for Japanese container trade in fiscal 2015, which started on April 1, citing a significantly slower pace of growth in imports than previously anticipated.
23 Jun 2015
The new head of MOL Line said its container line will cooperate more with its nine terminals in order to boost profitability after losses from its liner business deepened to 9.5 billion yen ($76.6 million) last fiscal year.
20 Jun 2015
Japanese carrier NYK said it expects a weaker yen, low fuel costs and cost-cutting to provide it with higher container shipping profit despite low rates this year.
19 Jun 2015
China has fined 21 container carriers a total of RMB 4.25 million ($684,000) for providing customers in the China-Japan trade with rates below officially quoted levels.
17 Jun 2015
In an ominous sign for its export-reliant economy, Japan’s red-hot merchandise trade with the United States lost some steam in May after expanding by more than 20 percent in March and April.
15 Jun 2015
Automotive part shippers can tap a new less-than-containerload service offering faster service between China and Japan by bypassing Hong Kong.