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Top 5 Japan Freight Forwarders in November 2022

The November 2022 international airfreight forwarder rankings for Japan have been released, with NX in first place with 19,113t (-14.7% y/y), KWE in second place with 12,907t (-12.1%), YLK in third place with 10,089t (-20.8%), and HEX, at 4,971t (-17.8%), and NNR (Nishinippon Railways International Logistics Division), at 4,971t (-12.4%). The industry as a whole totaled 76,925 tons (-17.8%).

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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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