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.
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 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.
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.