Japan
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Supply Chains
Alibaba moves into Japan with third-party logistics offering
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
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Trucking
Hino, Toyota bringing Class 8 fuel-cell truck to North America next year
Hino and Toyota will test a Class 8 fuel-cell truck in North America in 2021 based on the Hino XL Series truck platform.
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American Shipper
Nippon Express completes acquisition of Indiana 3PL
MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.
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American Shipper
Trade tariffs slow pour of American whiskey exports
The Distilled Spirits Council is “gravely concerned” that an ongoing trade spat between the U.S. and EU will upend a decade-long increase in international sales.
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Air Cargo
NYK Lines takes $144 million charge for Nippon Cargo Airlines subsidiary
Nippon Cargo Airlines' parent company is taking a $144 million charge against earnings.
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American Shipper
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News
NYK takes out Japan’s first “sustainability-linked” loan
Japanese shipping giant Nippon Yusen Kaisha (JPX: 9101) has taken out a 50 billion yen ($456.7 million) loan with an adjustable interest rate based on…
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American Shipper
Yakuza suspected in Kobe port cocaine container seizure
Japanese mafia are in the firing line after a record 400 kilos of cocaine are found in a container in Japan.
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News
MOL Halloween shocker as revenues slump
Mitsui OSK Lines (MOL) recorded a major drop in revenues in the first half of its financial year as container earnings fell off a cliff…
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News
Japan’s freight industry sluggish in second half of 2019
Japan’s freight industry is set for a downturn on the back of declining economies in the U.S., China and the Eurozone, new research reveals.
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