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Five major forwarders fall below consolidation in February


In March, five major forwarders (Nippon Express, Kintetsu Express, Yusen Logistics, Nishi Nippon Railway International Logistics Division (Nitsutsu), Hankyu Hanshin Express) combined air exports from Japan with a total of 43,079㌧ compared to the same month last year. It decreased by 19.2%. In March, the end of the fiscal year, demand increased year-on-year, but due to a decrease in space due to the suspension and reduction of airline passenger flights due to the new coronavirus, and a decline in demand, the year-on-year result was lower than the February result (45,600㌧). Was. All five companies decreased from February.


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Ocean freight rates increased via the East Coast of North America (+1.4% week-on-week) and South Korea (+0.8%). Freight rates via the West Coast of North America (-1.3%) and Europe (-0.1%) decreased.

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