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Top 5 Japan Freight Forwarders in February 2023

The ranking of international air freight forwarders from Japan for February 2023 has been revealed, with Nippon Express in first place with 15,607 tons (-31.4% y/y), Kintetsu Express in second place with 12,039 tons (-24.8% y/y), Yusen Logistics in third place with 7,940 tons (-37.2% y/y), and (Nishitetsu), with 3,571t (-30.8%), and Hankyu Hanshin Express (Hankyu Hanshin Express), with 3,250t (-44.5%).

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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%).

Ocean freight rates decreased in Korea (-1.9% week-on-week), via the East Coast of North America (-4.3%), via the West Coast of North America (-3.5%), and in Europe (-4.6%).

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