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Top 5 Japan Freight Forwarders in April 2023

The ranking of forwarders of international airfreight cargo volume from Japan in April 2023 has been revealed: No. 1 was Nippon Express with 17,180t (-25.2% y/y), No. 2 was Kintetsu Express with 10,563t (-31.0% y/y), No. 3 was Yusen Logistics with 8,007t (-33.0% y/y), No. 4 was Nishitetsu, with 3,425t (-36.7% y/y), and Hankyu Hanshin Express, with 3,300t (-37.7% y/y).

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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.

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