The rankings for international airfreight cargo volume from Japan in July 2023 have just been unveiled. Nippon Express claims the top spot, having transported 15,200 tons of cargo, albeit marking a 18.6% decrease compared to the previous year. Following closely is KWE, securing the second position with 9,328 tons, which represents a significant 35.5% drop. Yusen Logistics clinches the third position, having moved 8,062 tons, experiencing a 12.8% decline. Notably, NNR Global Logistics secures the fourth place by transporting 3,008 tons, indicating a 29.1% decrease, while Hankyu Hanshin Express occupies the fifth rank with 2,572 tons, showcasing a notable decrease of 45.9%. Collectively, the industry's overall performance stands at 58,640 tons, which reflects a 22.9% reduction in volume compared to the same period last year.
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Ocean freight rates increased in Korea (+2.8% week-on-week), via the East Coast of North America (+0.4%), and via the West Coast of North America (+2.2%). Decreased in Europe (-3.8%).
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