Major Japanese freight forwarders raided by Japan’s Fair Trade Commission
These are some big names being thrown around: It is alleged that the Japanese companies are suspected of forming a price cartel for international air cargo shipments. Companies raided included Nippon Express, Kintetsu World Express, Yusen Air ... of the companies are guilty of fixing rates or fuel and security surcharges, using meetings at the Japan [more...]
Date: 2008-04-23 23:10:41
Blog:
Third Party Logistics N...
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Japan shippers mark bumper year but outlook soft
Japan shippers mark bumper year but outlook soft April 25th, 2008 TOKYO, April 25 (Reuters) - Japanese shipping firms NipponYusen KK (9101 ... into gains from robust demandand higher freight rates. The nation’s biggest marine transport firms ... earnings for both itsdry bulkers and container lines but said it expected a recoveryat its air cargo unit [more...]
Date: 2008-04-25 04:29:59
Blog:
Finance, Economy-Busine...
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