The loss came despite Toll’s operating revenue rising.
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
11 Mar 2016
Japan’s government is now making final preparations to acquire a significant equity stake in the company operating the ports of Yokohama and Kawasaki in Kanagawa Prefecture to help buoy its international competitiveness.
23 Feb 2016
Driven by firm shipments of auto parts and aircraft, the Port of Nagoya in 2015 retained its status as the biggest export hub by value among Japan’s airports and seaports for the fourth straight year.
16 Feb 2016
Global warehouse provider GLP and Canada Pension Plan Investment Board have poured almost $1 billion into expanding their Japanese joint venture fund to capitalize on growing demand for logistics facilities in the country.
16 Feb 2016
Japan is planning to increase involvement in infrastructure projects in Africa as it looks to strengthen its foothold in what Tokyo considers to be one of the world’s last major growth markets.
12 Feb 2016
Japan’s Kintetsu World Express saw its group revenue soar 26.3 percent year-over-year in the first nine months of fiscal 2015, which ends March 31, to 295.159 billion yen ($2.57 billion), but that wasn’t enough to stop the company from downgrading its full-year revenue and profit forecasts.
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
05 Feb 2016
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
04 Feb 2016
Two of Japan’s big three shipping lines sailed into the crosshairs of Moody’s ratings agency, with the outlook of Mitsui O.S.K. Lines being reviewed to negative and K Line heading for a downgrade as weaker than expected profitability clouded their 2016 prospects.
01 Feb 2016
Yusen Logistics Co.’s net profit more than doubled in the first nine months of the fiscal year ending in March on a year-over-year basis thanks to solid revenue growth, particularly overseas, and a negligible extraordinary charge.
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).