Asian forwarders see profits dip in Q2

Nippon Express profit fell 10% in Q2, KWE fell 3%

Japan-based logistics company Nippon Express Holdings saw a drop in operating profit in the second quarter, driven in part by COVID-19 lockdowns in Shanghai.  Meanwhile, Japan-based freight forwarder Kintetsu World Express (KWE) also saw its operating profit fall slightly during the same period, also driven by lockdowns in China and the Russia-Ukraine war. Profit was […]

 

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