News / Major players plan expansion as Japan's air cargo volumes soar

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Japan’s air cargo sector enjoyed a strong first quarter in its fiscal year 2017/18.

Nippon Express recorded a 32% jump in air exports, handling 65,723 tonnes of consolidated cargo – the Tokyo-based 3PL dominates Japan’s air freight forwarding sector with around 20% market share.

In its first-quarter earnings report, Nippon said the “robust” boost in air cargo volumes was one factor leading to a 24% jump in pretax profits to over ¥16bn (US$145m). A change in depreciation method and increased oil prices also played ...