The three major Japanese shipping companies (NYK Line, MOL, and Kawasaki Kisen Kaisha) have all revised upward their full-year forecasts for the fiscal year ending March 31, 2022 in their consolidated financial results for the first quarter of the fiscal year ending March 31, 2022, predicting that their strong performance will contribute to the full-year results. This is attributed to strong transportation rents backed by tight supply and demand as the stagnation in economic activity caused by the spread of the new coronavirus infection has run its course and the resumption of business activity, especially in Europe, the U.S. and Asia, is becoming more pronounced.
top of page
Search
Recent Posts
See AllLufthansa Cargo is addressing the future of air cargo by focusing on sustainability, digitalization, and e-commerce. CEO Ashwin Bhat emphasizes the need for dynamic action to tackle these challenges a
Saudia Cargo(KSA/SV) has announced its plans to enhance and optimize cargo transportation services between Japan and Saudi Arabia through an expanded interline partnership from Narita International Ai
Japan Freight Railway (JR Freight) and Global Multimodal Logistics (GML) have signed an MOU to study intermodal transportation of dangerous goods, including liquefied natural gas (LNG). JR Freight's e
bottom of page