Japan

Japan

04 Aug 2015
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.
12 Jun 2015
Mitsubishi Corp. has launched a $300 million fund to acquire, manage and lease container vessels to major shipping firms, but the fund’s size apparently fell well short of the Japanese giant’s expectations.
03 Jun 2015
CaroTrans is launching a new weekly less-than-container-load service between Southeastern U.S. and Japanese markets, cutting out transshipment and avoiding congestion at ports in Los Angeles and Busan.
30 May 2015
Kintetsu World Express’s $1.2 billion acquisition of APL Logistics was finalized on Friday, May 29, after the deal secured all the required legal, regulatory and shareholder approvals.
29 May 2015
Toll Group began operating under the Japan Post flag today as president and CEO Toru Takahashi announced the new board that will provide governance to the Melbourne-based logistics company.
27 May 2015
It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.
US, Japan flags
25 May 2015
Merchandise trade between Japan and the United States is expanding at a breakneck pace, as Japan’s exports and imports both charged ahead by more than 20 percent for the second straight month in April on a year-over-year basis.
02 May 2015
$1.1 billion terminal operator ICTSI sold its stake in a Japanese container terminal on Okinawa to focus on other global port operations.
30 Apr 2015
ANA Holdings and Japan Airlines posted mixed earnings results in the fiscal year ended March 31, even as the two biggest Japanese air carriers saw their international cargo revenues soar.
22 Apr 2015
Japan posted a monthly trade surplus for the first time in nearly three years in March, as exports grew on the back of a weaker yen, led by robust U.S.-bound shipments, while imports tumbled due largely to lower oil prices.
16 Apr 2015
In the first two months of 2015, Chinese exports by value to Hong Kong, its second-largest trading partner, fell 6.5 percent year-over-year, while outbound shipments to Japan, China’s third-biggest receive of its exports, slipped 0.4 percent in the same period, according to statistics from Global Trade Information Systems, a sister company of JOC.com within IHS Maritime & Trade.