Japan

Japan

22 Jul 2014
Japan and Mongolia have reached a bilateral free trade agreement aimed at eliminating import tariffs on most products tra
13 Jul 2014
A consortium of Japan’s Mitsui & Co. and Mitsubishi Estate Co. has agreed to acquire a significant stake in a logistics facility developing subsidiary of Beijing Properties (Holdings) Ltd.
08 Jul 2014
After seven years of tough negotiations, Tokyo and Canberra signed a free trade agreement on July 8.
02 Jul 2014
A major Tokyo-based research firm has painted a grim picture of Japanese container trade in the current fiscal year that started on April 1, citing weaker exports and imports than previously thought.
Japan’s imports and exports both fell in value terms for the first time in more than a year.
19 Jun 2014
Japan’s exports to the United States fell for the first time in 17 months in May on a year-on-year basis.
Ocean Carrier Rate Revision Roundup for May 30
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
28 May 2014
Japan’s trade surplus with the United States narrowed for the third month in a row in April on a year-on-year basis, as imports grew at a faster pace than exports, according to preliminary figures released by the Finance Ministry last week.
18 May 2014
The Japanese economy posted strong growth in the first quarter of this year as consumer spending, a key driver of expansion, surged ahead of the sales tax hike on April 1, according to a preliminary report released by the Cabinet Office last week.
18 May 2014
Expanding global operations and cost-cutting efforts lifted Nippon Express Co.’s group net profit 10.5 percent year-over-year in fiscal 2013, which ended on March 31, to ¥26.3 billion ($258 million), beating its own forecast of ¥25.0 billion.
Ocean Carrier Rate Revision Roundup for May 16
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
12 May 2014
Major Japanese international freight forwarder Kintetsu World Express Inc. (KWE) said that its net profit rose 3.1 percent in fiscal 2013, which ended on March 31, from a year earlier to ¥9.41 billion ($92.3 million) on a consolidated basis.