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TRUCKING INDUSTRY * Japan - Feels Economic Strain. Tempers Flare
The state of the traffic industry in Japan
Tokyo,Japan -Ground Report, by Ryo Kubota -April 25, 2010: ... First, it is robust. Logistics are vital in sustaining the economy. Particularly, trucks are more important than other shipping transports such as trains and ships. According to the Japan Truck Association (JTA), whole trucks carried over five billion tons in 2007, compared with 233 thousand millions by train. The next year it accounted for 90% of the whole industry. Eichiro Nakanishi, president of JTA, see trucks as ‘Japan’s lifeline’... The second reason is pressing. The truck transport industry is in decline. The recession hit it severely. JTA reckons the number of traffic firms went bankruptcy rose by 12% in 2009. Salaries of truck drivers fell by 3.8% from a year earlier. They feel an amount of goods traded in the country decreased. Worse, the price of gas oil went up... A shakeout appears to be happening in the industry: both small and medium-sized firms are much more likely to disappear than large counterparts... (Photo from wantai.net: Nissan's Atlas truck)Labels: trucking industry news worldwide
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