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Air cargo exporting from Japan results (March)

Air freight consolidation shipments from Japan in March totaled 113,236 tons (+63.4% y/y) in weight and 269,240 (+23.9% y/y) in number. The increase in demand at the end of the fiscal year led to a further increase in cargo due to disruptions in ocean freight, which also increased by over 18,000 tons from February. This was the fourth consecutive month of weight increase and the highest level on record amid the ongoing shortage of space for the new coronavirus disaster.

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CCFI Summary week 6

Ocean freight rates increased via the West Coast of North America (+8.4%) and via the East Coast of North America (+5.8%). Decreases were seen in South Korea (-7.7% week-on-week) and Europe (-3.4%).

CCFI Summary week 1

Ocean freight rates increased in South Korea (+4.5% week-on-week), via the East Coast of North America (+4.0%), and Europe (+6.6%). Freight rates decreased via the West Coast of North America (-1.5%).

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