February 2024
Title: Kanto Transport Bureau Grants Permits to 9 Companies (Including 1 Refrigerated Transport Company) for Freight Trucking Operations and Registers 8 Companies for Freight Utilization Transport Operations, Effective February 8.
Recently, the Kanto Transport Bureau granted approval for 9 new companies (including 1 funeral transport company) to operate freight trucking businesses and registered 8 companies for freight forwarding services, all effective as of February 8th.
Title: Ministry of Land, Infrastructure, Transport and Tourism Announces Transport Advisory Council’s Approval of 8% Increase in Standard Freight Rates for General Freight Trucking Business as Advised on January 10, 2024 by Minister of Land, Infrastructure, and Transport Saito Tetsuo – Proposed Standard Rate Deemed Appropriate.
On February 29th, the Ministry of Land, Infrastructure, Transport and Tourism announced that the Transport Policy Council has given approval for an 8% increase in standard freight rates for general freight trucking services. This decision came in response to a consultation submitted by Minister of Land, Infrastructure, Transport and Tourism Tetsuo Saito on January 10, […]
Title: Price of Light Oil in Bulk Delivery Increases by 0.1 Yen in January to an Average of 127.1 Yen per Liter Nationwide, as Reported by the Agency for Natural Resources and Energy on February 29.
The Ministry of Economy, Trade and Industry announced on February 29th that the January delivered price of light oil in bulk tanks was an average of 127.1 yen per liter nationwide, showing an increase of 0.1 yen compared to the previous month. National Average Hokkaido Bureau Tohoku Bureau Kanto Bureau
Title: Senko Group Holdings Acquires 65% Stake in Infolog Pte Ltd, a Singapore-Based Logistics Software Development and Sales Company, and Consolidates it into the Group on February 29 – Initiating Grouping of Logistics IT Company Infolog in Singapore.
On February 29th, Senko Group Holdings announced the acquisition of a 65% stake in Infolog Pte Ltd, a Singapore-based company specializing in the development and sale of logistics software. With this acquisition, Infolog Pte Ltd has been integrated into the Senko Group. The move aims to strengthen the group’s presence in the logistics IT sector […]
Title: Ministry of Land, Infrastructure, Transport and Tourism Reports 0.5% Decrease in Container Volume for Foreign Trade Cargo at Top 6 Ports (Tokyo, Kawasaki, Yokohama, Nagoya, Osaka, Kobe) in December 2023, According to Harbor Statistics Flash Report Released on February 29.
According to the port statistics flash report released by the Ministry of Land, Infrastructure, Transport and Tourism on February 29th for December 2023, the number of containers in foreign trade cargo at the six major ports (Tokyo, Kawasaki, Yokohama, Nagoya, Osaka, Kobe) amounted to 1,171,518 TEUs (twenty-foot equivalent units), showing a decrease of 0.5% compared […]
Title: Ministry of Land, Infrastructure, Transport and Tourism’s Air Transport Statistics Quick Report for December, announced on February 29 – Domestic Scheduled Airline Passenger Volume at 8.48 Million, Cargo Volume at 58,076 Tons. Year-on-year, Passenger Volume Increased by 2.6% with Seat Occupancy Rate at 71.4%. Cargo volume was…
According to the preliminary aviation transport statistics report for December released by the Ministry of Land, Infrastructure, Transport and Tourism on February 29th, domestic scheduled air passenger traffic amounted to 8.48 million passengers, while freight traffic reached 58,076 tons. Compared to the same month the previous year, passenger traffic increased by 2.6%, with a seat […]
Title: Petroleum Statistics Report Released by the Agency for Natural Resources and Energy on February 29 Shows a 10.8% Decrease in Crude Oil Imports in January, With Import Volume at 11.97 Million kl – Countries of Import in Descending Order: United Arab Emirates (5.01 Million kl, +9.3%), Saudi Arabia, etc. – Dependence on Middle Eastern Suppliers at 92.8%.
According to the Petroleum Statistics Report released by the Agency for Natural Resources and Energy on February 29th, the crude oil import volume for January was 11.97 million kiloliters, a decrease of 10.8% compared to the same month last year. The top countries of import by volume were, in descending order, the United Arab Emirates […]
Title: Realize Corporation Acquires Tomikusan Driving School in Koriyama City, Fukushima Prefecture, Initiating Entry into the Driving School Business on February 29 – Expanding Beyond Lease of Transportation Company Vehicles with “Truck Fund” and “R. Lease” into Driving School Operations.
On February 29th, Realize Corporation announced its entry into the driving school business by acquiring Tomiyama Driving School in Koriyama City, Fukushima Prefecture. This strategic move aligns with their shift towards leasing as a means of vehicle acquisition for transportation companies through initiatives like the “Truck Fund” and “R. Lease.” Additionally, the acquisition will enhance […]
Title: Ministry of Land, Infrastructure, Transport and Tourism Reports a 3.4% Decrease in International Air Freight Volume in December, Along with a 1.7% Decrease in Domestic Air Cargo – According to the Aviation Transport Statistics Flash Report Released on February 29.
According to the preliminary air transport statistics for December released by the Ministry of Land, Infrastructure, Transport and Tourism on February 29th, the international air cargo volume totaled 117,728 tons (a 3.4% decrease compared to the same month the previous year) and 669,707 thousand ton-kilometers (a 2.8% decrease), with a weight load factor of 66.3%. […]
Title: Sanritsu Announces Construction of New Warehouse “Narita New Warehouse (Tentative Name)” in Narita City, Chiba Prefecture on February 29 – Adjacent to the Company’s “Narita Business Site Second Warehouse” to Expand Handling Capacity for Major Clients in the Narita Area and Prepare for the Development of New Runways at Narita Airport.
On February 29th, Sanritsu announced the construction of a new warehouse, tentatively named “Narita New Warehouse,” in Narita City, Chiba Prefecture. The new warehouse will be built on the adjacent site to the company’s “Narita Plant Second Warehouse.” In addition to accommodating the increasing cargo volumes of major customers in the Narita area, the new […]