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Russia's invasion of Ukraine disrupts logistics

Russia's invasion of Ukraine has caused disruption to logistics networks as the air and shipping industry moves to avoid Russia. Japan Airlines (JAL/JL) and All Nippon Airways (ANA/NH) have been forced to cancel flights and change transport routes due to flight avoidance over Russia, putting upward pressure on air freight rates between Japan and Europe. In addition, shipping companies also suspended transportation to and from Russia one after another.


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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.

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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