top of page

Nippon Express Soars to Top Five Global Airfreight Forwarders with Strategic Cargo-Partner Acquisition

Nippon Express Holdings has successfully acquired cargo-partner businesses in central and eastern Europe, solidifying its position as a global mega forwarder. The undisclosed deal, estimated at $740 million, was completed through a special purpose company under Nippon Express Europe. This move catapults the joint venture into the top five global airfreight forwarders, surpassing 1 million tonnes in volume. Driven by its 2023 business plan, Nippon Express aims to boost its non-Japan business and leverage cargo-partner's strengths in high tech, electronics, and automotive sectors. The acquisition aligns with the emergence of central and eastern Europe as a strong logistics base and industrial hub. Nippon Express plans to capitalize on synergies, merging their differing customer bases to accelerate global business expansion. The integration process, set to begin promptly, marks a pivotal step towards creating enhanced value for both companies' customers and stakeholders.


0 views

Recent Posts

See All

Top 5 Japan Freight Forwarders in January 2024

The January 2024 rankings of Japan's international airfreight forwarders have been released, with Nippon Express in first place with 13,890t (+4.7% y/y), Yusen Logistics in second place with 9,591t (+

Top 5 Japan Freight Forwarders in November 2023

The November 2023 rankings of Japan's international airfreight carriers have been released, with Nippon Express in first place with 16,753t (-11.2% y/y), Yusen Logistics in second place with 10,722t (

Top 5 Japan Freight Forwarders in November 2023

The September 2023 international airfreight forwarder rankings reveal that Nippon Express ranked first with 15,868 tons (-17.0% y/y), followed by KWE with 10,362 tons (-19.7%), Yusen Logistics with 9,

bottom of page