Title: Tokyo Shoko Research (TSR) Reports Record High Number of Bankruptcies and Dissolutions in the Light Freight Transport Industry in 2023

On the 21st, Tokyo Shoko Research (TSR) based in Chiyoda-ku, Tokyo, announced the results of their survey on the trends in light freight transportation industry for the year 2023. According to the survey, there were 49 bankruptcies and 74 closures or dissolutions in the same year, marking the highest number since the start of statistical data in 1989 and 2000, respectively.