Business | Mar 23

ANA to Drastically Cut Domestic Air Cargo Rates

TOKYO, Mar 23 (News On Japan) - ANA Holdings is set to significantly reduce its domestic air cargo rates to as much as one-tenth of the current prices starting next month.

Currently, ANA's cargo fares for routes connecting Haneda with Fukuoka and New Chitose are about 200,000 yen per container. However, from April, this will be reduced to 20,000 yen.

The goal is to align air freight costs with those of truck transportation, thereby expanding the use of air cargo services.

This move utilizes the space in the cargo holds of daytime regular passenger flights, which are currently only about 20% utilized.

From April, the "2024 problem" in logistics is expected to intensify, with a looming shortage of truck drivers and other personnel.

Source: ANN

MORE Business NEWS

Weak Yen Fails to Boost Stocks as Expected

On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening.

Konjac Farming Innovation Drives Revenue Growth

Twelve years after entering the global marketplace for konjac, known in Japan as konnyaku, Akiji Sawaura has seen his company's revenue increase by 2.5 times and employee numbers double. However, his journey was not without its challenges.

A Breakthrough in Aquaculture: Mackerel that Produce Tuna

Novelist Hitoshi Mayama explores a groundbreaking next-generation aquaculture technology at Tokyo University of Marine Science and Technology with Professor Goro Yoshizaki. This innovative method allows desired fish species to be bred by transplanting their reproductive stem cells into surrogate fish.

< 2 3 4 5 >

Aomori Spring Festival Draws 80,000 to Giant Nebuta Parade

Temperatures soared to a summery 24.5C as the "AOMORI Spring Festival" kicked off, featuring a spectacular parade of giant nebuta floats that captivated spectators along the streets.

Japan's Main Opposition CDP Wins 3 By-elections

Three Lower House by-elections were held in Japan on Sunday. Candidates from the main opposition Constitutional Democratic Party have won all three seats. The results are expected to affect the management of the government led by Prime Minister Kishida Fumio. (NHK)

Black Bamboo Flowers Blossom Once Every 120 Years

In a rare botanical event, a photographer in Fukuoka captured the blossoming of bamboo flowers, a phenomenon said to occur only once every 120 years.

Godzilla Strikes Tokyo City Hall

The Tokyo Metropolitan Government building has been 'attacked' by Godzilla, brought to life through the world's largest projection mapping.

Japanese Yen Slides to 34-Year Low, Hits 158 Against the Dollar

In a significant movement in the foreign exchange markets, the Japanese yen has once again depreciated, crossing the 158 mark against the U.S. dollar. This level marks the weakest the yen has been in approximately 34 years, signaling ongoing economic pressures and potentially major shifts in Japan's financial landscape.