According to Tokyo Customs, exports from Narita Airport in October totaled 1,148.8 billion yen (+22% y-o-y), the largest in 14 years. The rapid resumption of economic activity in the U.S. led to a 50.2 billion yen (+51%) increase in exports of electrical measuring instruments, a major customer in the U.S., and 71.5 billion yen (+27%) in exports of scientific and optical instruments, including cameras and lenses. Sales in each region increased.
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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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