## Company Profile Nittsu NEC Logistics, Ltd. — Japan-based freight forwarder and logistics services provider (member of LogNet Global). Public-facing profile lists air & ocean forwarding, customs clearance, warehousing, project logistics and supply‑chain solutions for industrial and high‑value cargo (electronics, components, automotive parts). Operates from Japanese gateways (Kobe/Nagoya/Yokohama/Narita/Haneda) with cross‑border forwarding and feeder coordination; positioned as a mid‑to‑large Japanese forwarder serving exporters and importers in tech and manufacturing sectors. ## Pain Points 1) Service unreliability and extended transit times (10–20 days longer on Asia–Europe lanes) are forcing exporters to rebook, pay expedited air premiums, and seek guaranteed‑space solutions. 2) Blank sailings, localized container imbalances and surcharge volatility (Red Sea/Cape fuel risk) increase operational complexity and unexpected costs for clients. 3) Structural nearshoring to ASEAN means many of Nittsu NEC’s traditional Japan exporters are changing sourcing/forwarding needs (new ASEAN origins, multi‑leg logistics, buyer discovery) — they need market intelligence and a channel that bundles supplier discovery with logistics coordination. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. [MARKET EVENTS] Japan container shipping trends, routing changes, congestion, Red Sea impacts, feeder shifts (2026) === **Red Sea / Cape of Good Hope routing – impact on Japan–Europe flows** - Most Asia–Europe services, including those calling Japan, continue to avoid the Red Sea/Suez in early–mid 2026, routing via the Cape of Good Hope. This adds roughly **3,500 nautical miles and 10–14 days** vs pre‑crisis Asia–Europe routings, tying up vessel capacity and elevating operating costs. ([seagatelogistics.org](https://seagatelogistics.org/news/key-trends-of-container-transportation-shaping-2026/?utm_source=openai)) - Container vessel traffic through the Suez Canal fell about **75% in 2024 vs 2023** due to the Red Sea crisis, with many carriers keeping diversions in place; rerouting can increase fuel consumption up to **33%** depending on speed and distance. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Red_Sea?utm_source=openai)) - The broader **2026 Strait of Hormuz crisis** and renewed Houthi threats (Feb 28, 2026 announcement to resume attacks) have reinforced carrier reluctance to re‑enter the Red Sea; major container lines (Maersk, CMA CGM, Hapag‑Lloyd, etc.) are still broadly rerouting via Africa. ([en.wikipedia.org](https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis?utm_source=openai)) **Alliance/network decisions affecting Japan–Europe & feeder patterns** - **Ocean Alliance (CMA CGM, COSCO, Evergreen, OOCL)**: for its 2026 “Day 10” product, the alliance will **maintain Cape of Good Hope routing for all seven Asia–North Europe and four Asia–Mediterranean loops from 1 April 2026**, while also publishing alternative Suez routings with no set switch date—signaling that Cape routings are the base case for most of 2026. ([fidifocus.org](https://www.fidifocus.org/on-the-wire/oocl-details-extensive-2026-network-overhaul/?utm_source=openai)) - **CMA CGM’s new OCR service (Ocean Rise Express)**, announced **27 Feb 2026**, creates a **direct weekly Japan–North Europe loop** using 7,000–10,000 TEU vessels (one 8,000 TEU LNG‑powered). Rotation: **Kobe – Nagoya – Yokohama – Xiamen – Yantian – Rotterdam – Hamburg – Southampton – Nansha**. This reduces the need for transshipment via other Asian hubs for some Japan–Europe cargo and slightly rebalances feeder vs mainline use out of Japan. ([cma-cgm.com](https://www.cma-cgm.com/news/5335/cma-cgm-is-launching-new-direct-service-connecting-japan-and-south-china-to-north-europe?utm_source=openai)) **Port congestion & schedule reliability** - Global schedule reliability fell to **27% in February 2026**, the lowest since January 2025, with **Far East–Europe and Middle East trades** among the hardest hit. Linerlytica reports **132 containerships (458,000 TEU) trapped in the Persian Gulf in early March 2026**, which has caused congestion spillovers at Arabian Sea, Indian subcontinent, and Southeast Asian contingency ports as networks are rebuilt. ([shipuniverse.com](https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai)) - April 2026 market updates show that **Asia–Europe transit times on diverted routes are extended by ~10–20 days**, and that Red‑Sea‑linked rerouting plus European inland bottlenecks are keeping **inland depots and some hubs under pressure**, reinforcing reliance on **feeder and shuttle services** into major European gateways. ([sogeseitalia.it](https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai)) - Analysts warn that any eventual large‑scale return to the Red Sea/Suez in 2026 could **“flood” Asia–Europe with effective capacity**, rapidly shifting the market from tight to oversupplied and creating short‑term congestion at European hubs as vessel flows are re‑concentrated. ([trans.info](https://trans.info/en/red-sea-return-2026-447916?utm_source=openai)) **Feeder service shifts and Southeast Asia gateways** - War‑driven congestion is forcing carriers to **rebuild feeder networks and alternative gateways**, with rising wait times at key hubs (e.g., Jebel Ali) and growing use of contingency ports around the Arabian Sea and Southeast Asia. Feeder dependence is “increasing” as more cargo is pushed through regional nodes instead of traditional hubs. ([shipuniverse.com](https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai)) - As sourcing shifts toward **Southeast Asia and the Indian subcontinent**, carriers are adding and adjusting services to connect these emerging origin clusters to Europe and North America, while some traditional China‑centric loops are rationalized. Japan’s role is increasingly tied into this broader **Asia network restructuring**, with some Japanese exports transshipped via Southeast Asian hubs where direct loops are constrained. ([seagatelogistics.org](https://seagatelogistics.org/news/container-transportation-key-trends-shaping-2026/?utm_source=openai)) **Implications specific to Japan in 2026** - For Japan–Europe shippers, 2026 is characterized by: - **Longer and more volatile transit times** (10–20 days longer vs pre‑crisis on many routings). ([sogeseitalia.it](https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai)) - More frequent **schedule changes, contingency discharges, and feeder reliance**, especially when vessels omit Japanese ports to recover schedules on Asia–Europe strings. ([shipuniverse.com](https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai)) - Some mitigation via new direct services (e.g., CMA CGM OCR) that **reduce transshipment risk** for select corridors but do not offset the systemic Cape‑routing delay. ([cma-cgm.com](https://www.cma-cgm.com/news/5335/cma-cgm-is-launching-new-direct-service-connecting-japan-and-south-china-to-north-europe?utm_source=openai)) === 2. [DEMAND SIGNALS] 2026 air & ocean capacity/rates from Japan, peak season, blank sailings, container shortages === **Ocean freight capacity & blank sailings** - A February 2026 analysis reports a **122% surge in blank sailings in February 2026 vs February 2025 on key east–west trades**, particularly the transpacific, as carriers actively pull capacity to support rate levels despite nominal fleet overcapacity. ([cxtms.com](https://cxtms.com/blog/blank-sailings-transpacific-capacity-squeeze-february-2026?utm_source=openai)) - Drewry data cited in the same report indicates that, on paper, **effective global ship capacity between Q4 2025 and Q1 2026 is roughly flat**, but shippers experience localized tightness due to **blank sailings, port congestion, and extended Cape routings** that absorb 3–5% of capacity in longer voyage cycles. ([cxtms.com](https://cxtms.com/blog/blank-sailings-transpacific-capacity-squeeze-february-2026?utm_source=openai)) - 2026 container outlooks estimate an **implied global overcapacity of about 3–5% before blank sailings**; carriers are expected to continue using blank sailings as their **primary rate‑management lever throughout 2026**, including on Japan‑linked trades. ([gocubic.io](https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai)) **Rate levels and peak‑season dynamics (ocean)** - Asia–Europe spot rates with Red Sea diversions are estimated around **USD ~1,850/TEU premium vs pre‑crisis levels** as of early Q2 2026, largely due to the normalized Cape routing and higher bunker consumption. ([luyiss.com](https://www.luyiss.com/news/logistics/freight/Red-Sea-Diversion-Normalized--Asia-Europe-Freight-Premium-at--1-850-TEU_615855.html?utm_source=openai)) - Several 2026 freight outlooks project: - **Q2–Q3 2026:** moderate upward pressure with peak season, expecting **~10–20% spot rate increases** from Q1 baselines on major east–west lanes. ([gocubic.io](https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai)) - Japan‑specific online rate benchmarks (FCL, 40’ HC) for **Japan–US West Coast** in early 2026 generally fall in the **USD 1,600–2,200 range per FEU** (commodity and service‑level dependent), with **Japan–US East Coast** often **30–50% higher** due to either Panama or Cape routings. ([freightos.com](https://www.freightos.com/shipping-routes/shipping-from-japan-to-the-united-states/?utm_source=openai)) **Container availability & equipment balance** - 2026 market updates note **persistent but localized container imbalances**, especially standard dry boxes at Asian export origins following waves of schedule disruption and Gulf/Red Sea blockages; however, this has not escalated into 2021‑style systemic shortages. Instead, **temporary deficits at certain Asian ports** (including some Japanese gateways) are reported during demand spikes or after clusters of blank sailings. ([sogeseitalia.it](https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai)) **Air freight capacity & rates ex‑Japan** - IATA’s **January 2026 Air Cargo Market Analysis** shows: - Global **available cargo tonne‑kilometres (ACTKs)** up vs 2025, but growth is slowing; IATA flags emerging **“capacity fatigue”** after rapid post‑pandemic rebuild. ([iata.org](https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai)) - Air cargo yields remain structurally below 2021–22 peaks but above pre‑COVID levels; rate volatility is driven by passenger network changes and modal shifts from ocean during disruption windows (e.g., severe Red Sea episodes). ([iata.org](https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai)) - **ANA Holdings’ April 2026 investor presentation** highlights: - Strategy to **maximize profitability from Haneda (yield‑focused) and Narita (volume‑focused)** outbound, with **seasonal capacity increases** to capture high‑yield export demand. - Sensitivity analysis showing notable **demand elasticity to fuel surcharge (FSC) spikes** on Japan‑outbound air cargo—indicating shippers do switch some volumes back to ocean or defer when surcharges rise. ([ana.co.jp](https://www.ana.co.jp/group/en/investors/data/pdf/presentations/26/2026_04_1e.pdf?utm_source=openai)) - Taken together, the data suggest: - **Sufficient but tight air‑cargo capacity** ex‑Japan during “normal” weeks. - **Short‑term air rate spikes** around major disruptions or during electronics/auto‑parts launches, as exporters with time‑sensitive cargo partially “escape” ocean unpredictability. ([iata.org](https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai)) **Peak‑season 2026 signals from Japan** - Multiple 2026 outlooks (S&P Global, logistics providers, NVOCC advisories) emphasize that **service reliability, not price, is the key constraint** going into the 2026 bid and peak season, particularly ex‑Asia. Shippers from Japan are advised to focus on: - **Longer booking windows**, - Diversification across alliances and routings (including West Coast US and alternative European gateways), and - Strategic use of **premium or guaranteed‑space products**. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/01/supply-chain-certainty-rather-than-price-will-shape-shipping-in-2026?utm_source=openai)) - Given projected **10–20% spot rate lifts in Q2–Q3 2026** and continuing **high blank‑sailing intensity**, Japan‑based exporters should expect: - Tight space and rolling risk in late Q3 (electronics launches, pre‑holiday flows). - Elevated surcharges tied to **Red Sea/Cape routings, war‑risk, and fuel** for Europe/Middle East lanes throughout peak. ([gocubic.io](https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai)) === 3. [COMMODITY TRENDS] Japan exports of electronics & auto parts (volumes, nearshoring, ASEAN/US demand) === **Macro export performance & composition** - Japan’s overall exports in calendar **2025 grew 3.1% YoY**, led by **electronic parts and food**, while exports to the **US fell 4.1%**, driven by declines in **cars and chipmaking machinery**—the worst US drop since 2016 excluding the pandemic. ([japantimes.co.jp](https://www.japantimes.co.jp/business/2026/01/22/economy/japan-exports-rise-2025/?utm_source=openai)) - For **fiscal 2025 (to March 2026)**, Japan’s exports reached a **record ¥113.24 trillion, up 4.0% YoY**, according to the Finance Ministry; **auto exports fell 3.6% to ¥17.67 trillion**, but strong **AI‑chip‑related electronics and capital goods** offset the slump. ([ajupress.com](https://www.ajupress.com/view/20260423113970101?utm_source=openai)) **Electronics exports – structure and direction** - JEITA data for **October 2025** (latest detailed electronic exports) show: - **Total electronics exports** (incl. semiconductors, components, finished devices) at **¥2,035.6 billion YTD** for “parts and accessories” alone with an index value of **96.6** vs prior year (slight decline), but other categories like integrated circuits have been buoyed by AI/server demand. ([jeita.or.jp](https://www.jeita.or.jp/english/stat/electronic/2025/export_10.html?utm_source=openai)) - 2026 Q1 export market analyses indicate: - The **United States and China** remain Japan’s top destinations, but **ASEAN share is rising**. One dataset for **Q1 2026** shows: - **US:** ~**21–22%** of total exports (approx. **US$39–40 billion**). - **China:** ~**19–20%** (~**US$36–37 billion**). - **ASEAN (aggregate):** low‑to‑mid‑teens share, with **Singapore at 3.5% (US$6.2 bn, up 10.2% YoY)** largely on **electronics, refined petroleum, and chemicals**. ([tendata.com](https://www.tendata.com/blogs/export/10884.html?utm_source=openai)) - Demand signals: - Strong **AI‑related electronics** (chips, servers, components) are supporting export growth even as some “legacy” electronics see relocation to ASEAN. - Higher growth rates into ASEAN and other Asian partners (e.g., Singapore +10.2% YoY in Q1 2026) suggest **regional diversification of buyers** beyond US/China. ([ajupress.com](https://www.ajupress.com/view/20260423113970101?utm_source=openai)) **Automotive parts & vehicles – relocation and destination shifts** - Auto exports (vehicles + parts) are under pressure: - As noted, **auto exports down 3.6% by value in FY2025**, even as total exports hit a record. ([ajupress.com](https://www.ajupress.com/view/20260423113970101?utm_source=openai)) - US‑bound exports of **cars and chipmaking machinery** declined **4.1% in 2025**, reflecting tariffs and demand shifts. ([japantimes.co.jp](https://www.japantimes.co.jp/business/2026/01/22/economy/japan-exports-rise-2025/?utm_source=openai)) - Structural relocation: - Many Japanese automotive and electronics firms have **shifted manufacturing from Japan → China → ASEAN** over the past two decades. Recent ASEAN Investment Reports list new or expanded **Japanese auto‑parts and electronics facilities** in countries such as the Philippines and Thailand; e.g., **JECO Autoparts (Japan) manufacturing locks and meter accessories in the Philippines** to serve regional and global OEMs. ([asean.org](https://asean.org/wp-content/uploads/2025/10/ASEAN-Investment-Report-2025.pdf?utm_source=openai)) - As more vehicles and parts are produced in ASEAN (often by Japanese brands) and shipped directly to end markets, some flows **no longer register as “Japan exports”**, even when value capture or IP remains Japanese—contributing to **Japan’s declining rank to 7th among world exporters** despite healthy corporate activity. ([reddit.com](https://www.reddit.com/r/japannews/comments/1siyrhv/japan_has_fallen_to_7th_place_in_the_world_in/?utm_source=openai)) **Nearshoring / supply‑chain relocation trends affecting Japanese exports** - Global container shipping and trade reports identify **Vietnam, Indonesia, Thailand, Mexico, and India** as key winners from **China+1 and nearshoring strategies**, attracting manufacturing that historically might have been in Japan or China. Carriers are re‑optimizing networks to connect these emerging production centers to **US and EU** markets. ([seagatelogistics.org](https://seagatelogistics.org/news/container-transportation-key-trends-shaping-2026/?utm_source=openai)) - For Japanese companies: - Electronics and auto‑parts production increasingly occurs in **ASEAN plants** (e.g., Thailand for auto parts, Vietnam for electronics) that export directly to **US/EU**, often under Japanese brand names but not counted as Japan’s customs exports. ([asean.org](https://asean.org/wp-content/uploads/2025/10/ASEAN-Investment-Report-2025.pdf?utm_source=openai)) - Some Japanese automakers are even **exporting US‑made vehicles back to Japan** (e.g., American‑assembled models slated for export to Japan from H2 2026), underscoring the two‑way and highly globalized nature of automotive supply chains. ([reddit.com](https://www.reddit.com/r/cars/comments/1rivi4h/honda_and_acura_to_export_usmade_cars_to_japan/?utm_source=openai)) **Buyer demand in ASEAN and US – 2026 outlook** - **United States:** - Total Japan exports to the US reached **US$131.7 billion in 2025**, according to UN Comtrade data compiled by Trading Economics. ([tradingeconomics.com](https://tradingeconomics.com/japan/exports/united-states?utm_source=openai)) - Within that basket, **vehicles, machinery, and electrical/electronic equipment** dominate. The 4.1% decline in 2025 suggests **softening US demand for Japanese autos and some capital equipment**, partially offset by strong tech‑hardware demand (semiconductor tools, components). ([japantimes.co.jp](https://www.japantimes.co.jp/business/2026/01/22/economy/japan-exports-rise-2025/?utm_source=openai)) - **ASEAN:** - ASEAN is absorbing more Japanese exports of **electronics, automotive components, and intermediate goods** as Japanese OEMs deepen their **regional production networks**. The double‑digit export growth to **Singapore (+10.2% YoY in Q1 2026)** on electronics and energy‑related trade is one concrete data point. ([tendata.com](https://www.tendata.com/blogs/export/10884.html?utm_source=openai)) - ASEAN Investment Reports for 2024–25 highlight ongoing **Japanese FDI into automotive and electronics manufacturing** in ASEAN, consistent with **supply‑chain relocation from Japan/China to lower‑cost regional sites**, effectively “externalizing” segments of Japan’s traditional export base. ([asean.org](https://asean.org/wp-content/uploads/2025/10/ASEAN-Investment-Report-2025.pdf?utm_source=openai)) **Implications for 2026–27** - **Electronics:** - Expect continued **growth in high‑value, upstream electronics exports from Japan** (AI chips, advanced components, capital equipment) to **US, China, and ASEAN**, even as assembly shifts out. - **Automotive parts:** - Japan’s direct exports of auto parts may see **flat to modest growth**, constrained by relocation of assembly to ASEAN/US, US tariff and EV‑policy uncertainty, and increased local sourcing in destination markets. - **Trade geography:** - Japan’s **export growth engine is pivoting away from finished autos toward advanced electronics and machinery**, with **ASEAN rising as both a buyer and a production base feeding third markets** (not always visible in Japan’s export statistics). ([ajupress.com](https://www.ajupress.com/view/20260423113970101?utm_source=openai)) Sources: • Container Transportation: Key Trends Shaping 2026 https://seagatelogistics.org/news/key-trends-of-container-transportation-shaping-2026/?utm_source=openai • Red Sea https://en.wikipedia.org/wiki/Red_Sea?utm_source=openai • 2026 Strait of Hormuz crisis https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis?utm_source=openai • OOCL details extensive 2026 network overhaul – FIDI Focus https://www.fidifocus.org/on-the-wire/oocl-details-extensive-2026-network-overhaul/?utm_source=openai • CMA CGM | OCR https://www.cma-cgm.com/news/5335/cma-cgm-is-launching-new-direct-service-connecting-japan-and-south-china-to-north-europe?utm_source=openai • War-Driven Congestion Starts Infecting Container Networks – Ship Universe https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai • | Container Market Update · April 2026 https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai • Red Sea return in 2026 could flood container shipping with capacity | trans.info https://trans.info/en/red-sea-return-2026-447916?utm_source=openai • War-Driven Congestion Starts Infecting Container Networks – Ship Universe https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai • Container Transportation: Key Trends Shaping 2026 https://seagatelogistics.org/news/container-transportation-key-trends-shaping-2026/?utm_source=openai • | Container Market Update · April 2026 https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai • War-Driven Congestion Starts Infecting Container Networks – Ship Universe https://www.shipuniverse.com/news/war-driven-congestion-starts-infecting-container-networks/?utm_source=openai • CMA CGM | OCR https://www.cma-cgm.com/news/5335/cma-cgm-is-launching-new-direct-service-connecting-japan-and-south-china-to-north-europe?utm_source=openai • Blank Sailings Hit 122% Surge in February 2026: How Shippers Should Navigate the Transpacific Capacity Squeeze | CXTMS https://cxtms.com/blog/blank-sailings-transpacific-capacity-squeeze-february-2026?utm_source=openai • Blank Sailings Hit 122% Surge in February 2026: How Shippers Should Navigate the Transpacific Capacity Squeeze | CXTMS https://cxtms.com/blog/blank-sailings-transpacific-capacity-squeeze-february-2026?utm_source=openai • 2026 Freight Market Outlook: Container Rates, Capacity, and Strategy - Import Intelligence | Cubic https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai • Red Sea Diversion Normalized: Asia-Europe Freight at $1,850/TEU https://www.luyiss.com/news/logistics/freight/Red-Sea-Diversion-Normalized--Asia-Europe-Freight-Premium-at--1-850-TEU_615855.html?utm_source=openai • 2026 Freight Market Outlook: Container Rates, Capacity, and Strategy - Import Intelligence | Cubic https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai • Shipping From Japan to US [Updated April 2026 ] | Freightos https://www.freightos.com/shipping-routes/shipping-from-japan-to-the-united-states/?utm_source=openai • | Container Market Update · April 2026 https://www.sogeseitalia.it/wp-content/uploads/2026/04/Sogese_Market_Update_April_2026_EN-1.pdf?utm_source=openai • Air Cargo Market Analysis January 2026 https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai • Air Cargo Market Analysis January 2026 https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai • ANA HOLDINGS INC. https://www.ana.co.jp/group/en/investors/data/pdf/presentations/26/2026_04_1e.pdf?utm_source=openai • Air Cargo Market Analysis January 2026 https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-january-2026/?utm_source=openai • Supply chain certainty, rather than price, will shape shipping in 2026 | S&P Global https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/01/supply-chain-certainty-rather-than-price-will-shape-shipping-in-2026?utm_source=openai • 2026 Freight Market Outlook: Container Rates, Capacity, and Strategy - Import Intelligence | Cubic https://www.gocubic.io/guides/market-intelligence/2026-freight-market-outlook?utm_source=openai • Japan’s exports rise in 2025 despite drag from U.S. tariffs - The Japan Times https://www.japantimes.co.jp/business/2026/01/22/economy/japan-exports-rise-2025/?utm_source=openai • Japan’s FY2025 Exports Hit Record 113 Trillion Yen as AI Chip Demand Offsets Auto Slump | AJU PRESS https://www.ajupress.com/view/20260423113970101?utm_source=openai