Summary: Ministry of Land, Infrastructure, Transport and Tourism Announces Continued Support of 19.3 Billion Yen over Three Years towards Management Independency of JR Freight and JR Hokkaido.

On March 15th, the Ministry of Land, Infrastructure, Transport, and Tourism announced the continuation of support towards the financial independence of JR Hokkaido, JR Shikoku, and JR Freight. In efforts to achieve financial independence, these railway companies have undergone debt processing related to the Japan National Railways Settlement Corporation, as amended in 2021. The Ministry is providing a total of 19.3 billion yen in support over a three-year period to assist in the financial independence of JR Freight. Stay updated on the developments and impacts of this support initiative on the operations and sustainability of JR Freight.

[Original Source: 物流ニュースのＬＮＥＷＳ]