Stable Transport and Freight Rate Negotiations through Partnerships with Land Carriers
First written in FY2018. 10 of 15 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Meanwhile, as customs brokers moved to revise customs clearance fees against a backdrop of rising labor costs and increasingly sophisticated and complex customs operations, we also decided to revise our customs clearance fees and began negotiating with customers to seek their understanding of the fee revision.」
In addition to conventional ocean freight rates and charter fees, the company decided to revise customs-clearance fees and began negotiations with customers to pass the increases through to prices. - FY2026ReframedAnnual report
「As customs-clearance procedures have also become more complex, we will work to negotiate revisions to port transport handling charges and customs-clearance fees.」
The company has expanded the scope of its response from price revisions centered on conventional ocean freight rates and charter fees to negotiations over port transport handling charges and customs-clearance fees. - FY2026-H1Failure to pass through higher costs in the warehouse businessAnnual report
「Meanwhile, earnings remained sluggish because price pass-through failed to keep pace with declining handling of existing cargo and rising costs of sales and general and administrative expenses.」
Although the company pursued a policy of passing higher costs through to prices, the warehouse business was unable to pass through the full impact of declining existing cargo and rising costs of sales and general and administrative expenses, leaving earnings sluggish. - FY2025AdvancedAnnual report
「While continuing to negotiate with customers for revisions to appropriate freight rates, we increased time-charter rates for each shipowner and placed newbuildings into service in cooperation with the shipowners in order to maintain our fleet and continue providing stable transportation services.」
In addition to negotiating freight-rate revisions with customers, the company revised charter rates with shipowners, advancing efforts to pass higher costs through to prices and maintain its fleet. - FY2025-H1AdvancedAnnual report
「We revised rates for existing chartering partners and promoted management in close cooperation with shipowners.」
The company revised rates with existing chartering customers and is working to secure earnings by reviewing freight rates and charter terms. - FY2024AdvancedAnnual report
「In the coastal shipping business, the company pursued negotiations with some shippers to revise ocean freight rates in order to mitigate cost increases caused by soaring fuel-oil prices, crew labor costs and chartering expenses.」
The company continues to negotiate ocean freight-rate revisions with some shippers in response to higher fuel-oil prices, crew labor costs and chartering expenses. - FY2024-Q3AdvancedAnnual report
「In the coastal shipping business, tonnage handled remained broadly flat from the previous fiscal year. However, the effect of rate revisions, mainly for oilseed and feed-related cargo, lifted net sales to ¥5,205 million, up 2.3% year on year.」
The effects of rate revisions focused on oilseed and feed-related products emerged as a 2.3% increase in revenue, demonstrating concrete results from measures to pass higher costs through to prices. - FY2024-Q2AdvancedAnnual report
「In the port transport business, revenue struggled because ocean freight rates had fallen by half from their peak and import and export volumes remained sluggish. Although price negotiations enabled the company to maintain gross profit at approximately the previous year's level, administrative expenses increased.」
Despite pressure on revenue from halved ocean freight rates and sluggish import and export handling, the company pursued price negotiations and secured gross profit at approximately the same level as in the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「In the domestic shipping business, transportation volume for steel products, the main cargo, declined. However, partly due to the effects of rate revisions focused on oilseed and feed-related cargo, revenue was ¥1,763 million, up 1.0% year on year.」
The effects of rate revisions focused on oilseed and feed-related products contributed to higher revenue, demonstrating concrete results from measures to pass higher costs through to prices. - FY2023AdvancedAnnual report
「We will notify customers at an early stage, seek their understanding of passing on the increase in costs through our prices, and strengthen our network of partner companies so that we can continue providing the same logistics services as before.」
The company has given concrete form to measures addressing driver shortages and the 2024 problem, including early notification to customers, negotiations to pass through higher costs and strengthening its network of partner companies. - FY2021ReframedAnnual report
「We have asked our major customers to introduce a bunker surcharge system and will continue working to expand its application.」
References to measures for introducing and expanding the application of a bunker surcharge system as a means of passing higher fuel prices through to customers expanded, in addition to cooperation with inland transport companies and individual rate-revision negotiations. - FY2020-Q3AdvancedAnnual report
「In the coastal shipping business, transport of steel products, the core cargo, declined because steelmakers reduced production and adjusted inventories in response to weak domestic demand. Although freight rates were revised for some shippers, net sales declined to ¥4,925 million, down 3.7% year on year.」
The company states that some shippers implemented freight-rate revisions, marking concrete progress in passing higher transportation costs through to prices. Meanwhile, the coastal shipping business reported lower revenue. - FY2019-Q3RestatedAnnual report
「Meanwhile, conditions have become more difficult as transportation costs rise because of persistently high fuel prices and labor shortages, but the company actively pursued freight-rate revision negotiations,」
The company continues to pursue a policy of actively negotiating freight-rate revisions to address higher transportation costs caused by rising fuel prices and labor shortages. - FY2019-Q2AdvancedAnnual report
「Meanwhile, conditions have become more difficult as transport costs rise due to persistently high fuel prices and labor shortages, and the Company has been actively pursuing negotiations to revise freight rates.」
The company is actively negotiating freight-rate revisions to address higher transportation costs caused by labor shortages and rising fuel prices. - FY2018First statedAnnual report
「We intend to build a foundation for negotiating rate revisions by partnering with overland transport companies and providing shippers with stable transportation services.」
To address higher transportation charges caused by truck-driver shortages, the company has outlined measures to secure stable transportation through cooperation with inland transport companies and to negotiate rate revisions.