Mitsui-Soko Holdings Co. will take a controlling stake in Sony Supply Chain Solutions Inc. for about 18 billion yen (US$151 million), marking the latest in a series of acquisitions by Japanese transportation and logistics companies targeting subsidiaries of struggling domestic electronics giants.
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
07 Nov 2014
Japan’s Parliament gave the green light to a free trade agreement with Australia on Friday, paving the way for the trade pact to take effect early next year.
04 Nov 2014
Nippon Express Co. more than doubled its group net profit in the first half of fiscal 2014, which ended Sept. 31, from the same period in 2013, as strong international freight forwarding offset U.S. antitrust lawsuit costs, and weak Japanese imports and construction-related cargo.
03 Nov 2014
Japan’s five biggest ports saw their global container traffic rise in the first half of this year compared to the same period in 2013.
01 Nov 2014
The three largest Japanese container lines, MOL and “K” Line and NYK Line, all reported improved container shipping revenues in the six months from April through September but saw profits go in different directions. The results showed the effects of limited improvement in Asia to Europe rates but revealed challenges in port congestion in Asia and cascading of larger ships into north-south trades as mega-vessels are delivered into Asia-Europe.
31 Oct 2014
Japan Airlines reported group net profit of 80.3 billion yen ($723 million), a drop of 2 percent year-over-year in the first half of fiscal 2014, despite a sharp rise in international cargo revenue.
30 Oct 2014
ANA Holdings’ international cargo revenue surged more than 20 percent year-over-year in the first half of fiscal 2014, contributing to a big jump in the largest Japanese airline group’s net profit in the April-September period.
28 Oct 2014
Global Logistic Properties (GLP) has announced its second giant investment this week, pouring $138 million into a Japanese joint venture development that will be matched by long term partner Canada Pension Plan Investment Board.
22 Oct 2014
Japan’s trade surplus with the United States expanded for the first time in eight months in September on a year-over-year basis, as exports posted relatively strong growth despite a decline in auto shipments, according to preliminary trade figures released by the Japanese Finance Ministry today.
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
30 Sep 2014
A report by Japan's ClassNK found no definitive cause for the MOL Comfort's sinking but said further investigation is needed into the structural design of large container ships.