Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.

Nippon Express takes an ownership stake in an Indian logistics company as it looks to grow its presence in the country’s evolving supply chain dynamic.

Maersk’s new ocean-rail service from Asia to Northern Europe is offering competitive transit times against more established all-rail routes.

Japan’s third-largest container port is looking to regain momentum in cargo growth after the effects of typhoon Jebi hampered operations and volumes in the latter portion of 2018.