Of the 57 major listed logistics companies whose financial results for the April-June period of 2021 are comparable to those of the same period of the previous year, 51 companies, or 89% of the total, posted higher sales. Of the 59 companies with comparable operating results, 51, or 86%, posted higher profits or returned to profitability. In the same period of the previous year, almost 90% of all companies reported a decline in revenue and almost 80% reported a decline in profit or a fall into the red due to the global decline in demand caused by the spread of the new coronavirus infection, so many companies reported significant increases in revenue and profit in reaction. Overall, airfreight maintained a high level in terms of both volume and sales price, and many e-commerce (EC)-related companies increased their handling of delivery and storage services.
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See AllIn a welcome development, airfreight rates out of Hong Kong and Frankfurt have started to stabilize after several months of decline. The Baltic Exchange Airfreight Index (BAI) reveals that average pri
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.
The rankings for international airfreight cargo volume from Japan in July 2023 have just been unveiled. Nippon Express claims the top spot, having transported 16,277 tons of cargo, albeit marking a 21
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