According to the International Freight Forwarders Association (JIFFA), in the second half of fiscal 2020, exports totaled 996,446 TEUs (+2.2% year-on-year), imports 1,579,122 TEUs (+10.2%), and total imports and exports 2,575,568 TEUs (+7.0%). On a revenue tonnage basis, exports recovered to the level of the first half of FY2018 at 24.565 million tones (+9.1%) and imports were 35.951 million tones (+5.2%), for a total import/export of 60.516 million tones (+6.7). Since last autumn, the container market has been in turmoil due to soaring freight rates and delays in vessel schedules in response to a shortage of space and empty containers, but handling of both imports and exports increased. For the full year (TEU basis), exports were negative due to the decline in the first half, while imports were positive.
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See AllAccording to the International Air Transport Association (IATA), global air cargo traffic fell 8.3% in May from the same period last year, marking the third consecutive month of decline. The biggest f
Ocean freight rates decreased via the East Coast of North America (-1.7% week-on-week), via the West Coast of North America (-2.5%), Europe (-2%), and Korea (-2.7%).
Airfreight exports from Japan in May totaled 85,581 tons (-9% y/y), according to the Japan Air Freight Forwarders Association (JAFA). This was the fifth consecutive month of year-on-year decline. By d