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.
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See AllAccording to the financial results for the fiscal year ended March 31, 2022 released by ANA Holdings (ANA/NH) on April 28, international cargo revenue was 328.7 billion yen (+104.8% YoY) for internati
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According to Maersk, the development of 13 weekly rail freight procurement services in India has led to a 43% growth in export cargo using rail containers and a 23% increase in rail transport for impo