TRUST SMITH Improves Logistics Efficiency with Blockchain
TRUST SMITH, a research and development venture in the field of AI and robotics, began research on the practical application of...
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ANA Cargo Revenue Doubles YOY to Record High in March 2022
According to the financial results for the fiscal year ended March 31, 2022 released by ANA Holdings (ANA/NH) on April 28, international...
Hitachi Transport System Selects KKR as Partner
A freight procurement company, Hitachi Transport System, Ltd. announced that it has selected KKR as its partner of choice to pursue its...
Top 5 Japan Freight Forwarders in March 2022
The ranking of international air freight forwarders from Japan for March 2022 has been revealed, with Nippon Express in first place with...
Fears of More Factory Shutdowns as More Cities Impose Movement Restrictions in China
Following the lockdown of Shanghai, China, movement restrictions have begun in Suzhou, Jiangsu Province, and other cities. In order to...
Maersk expects higher transportation costs due to Shanghai Lockdown
Maersk announced on March 28 that the lockdown (urban blockade) in Shanghai, China, will have an enormous impact on freight procurement...
CCFI Summary week 16
Decreases were seen via the East Coast of North America (-3.7% week-on-week), the West Coast of North America (-6.1%), and Europe...
China Supports China-Europe Railway "CRExpress" by Paying for War Insurance
The Chinese government will begin to support the China-Russia/European cross-border freight rail transport "Central Rail Express...
Airfares from Japan doubled due to closure of Russian airspace
The effects on freight procurement of the airspace closure following Russia's invasion of Ukraine are spreading. A series of flights have...
Top 5 Japan Freight Forwarders in February 2022
The ranking of international air freight forwarders from Japan for February 2022 has been revealed, with Nippon Express in first place...
Russia's Shipping Trade Slides After Ukraine Invasion
Russia's shipping trade has plummeted since the invasion of Ukraine and Western sanctions push many foreign companies to suspend...
CCFI Summary week 10
Increased via the East Coast of North America (+0.4% week-on-week). Decreased via the West Coast of North America (-0.5%), Europe...
Russia's invasion of Ukraine disrupts logistics
Russia's invasion of Ukraine has caused disruption to logistics networks as the air and shipping industry moves to avoid Russia. Japan...
Freight Payment Procurement Category Is Projected to Grow at a CAGR of 8.91% by 2026
According to the SpendEdge Sourcing and Procurement Reports, Freight Payment Procurement Market is expected to have an incremental spend...
Two Japanese Airlines: JAL Continues to Lose Money, but ANA Returns to Profit
Two Japanese airlines, Japan Airlines (JAL/JL) and ANA Holdings (ANA/NH), have announced their consolidated financial results for the...
Top 5 Japan Freight Forwarders in January 2022
The ranking of forwarders of international air cargoes originating from Japan for January 2022 has been revealed, with Nippon Express in...
CCFI Summary week 8
Increase in South Korea (+1.1%). Traffic via the west coast of North America (-4.3%), via the east coast of North America (-3.9%), and...
Parade Raises $12.7 Million for freight procurement matching
Parade introduced that it has raised $12.7 million in a Collection A financing spherical led by Menlo Ventures with participation from...
Agility Survey Finds Two-Thirds of Experts Predict Lower Ocean and Air Freight Rates by Year's End
Agility has released its Emerging Markets Logistics Index for 2022. According to the survey, nearly two-thirds of the 756 industry...