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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See AllGlobal air cargo demand increased by 11% year on year in March for the third consecutive month, driven by factors like e-commerce and disruptions in Red Sea shipping. Xeneta's latest analysis revealed
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%).
Air cargo rates on major east-west trades in February continued their decline compared to last year due to the timing of the Lunar New Year break. According to the Baltic Exchange Airfreight Index (BA
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