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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See AllIn a welcome development, airfreight rates out of Hong Kong and Frankfurt have started to stabilize after several months of decline. The Baltic Exchange Airfreight Index (BAI) reveals that average pri
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.
Ocean freight rates increased via the West Coast of North America (+4.8% week-on-week) and via the East Coast of North America (+1.7%). Freight rates decreased in South Korea (-4.5%) and Europe (-0.4%
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