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Top 5 Japan Freight Forwarders in July 2023

The rankings for international airfreight cargo volume from Japan in July 2023 have just been unveiled. Nippon Express claims the top spot, having transported 16,277 tons of cargo, albeit marking a 21.9% decrease compared to the previous year. Following closely is KWE, securing the second position with 9,071 tons, which represents a significant 40.3% drop. Yusen Logistics clinches the third position, having moved 8,181 tons, experiencing a 20.3% decline. Notably, NNR Global Logistics secures the fourth place by transporting 3,231 tons, indicating a 29.2% decrease, while Hankyu Hanshin Express occupies the fifth rank with 2,658 tons, showcasing a notable decrease of 48.4%. Collectively, the industry's overall performance stands at 61,605 tons, which reflects a 26.2% reduction in volume compared to the same period last year.

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CCFI Summary week 14

Ocean freight rates decreased via North America East Coast (-3.9% week-over-week), North America West Coast (-2.8%), Europe (-0.7%), and Korea (-1.9%).

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