Impact of Maritime Container Shortages and Persistently High Freight Rates on International Cargo
First written in FY2022-Q1. 3 of 8 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2025-H1.
Azuma Shipping moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 8 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2025-H1Continued decline in ocean container volumes handledAnnual report
「In the logistics business, international cargo volumes handled declined despite an overall recovery in overseas economies, due to a reduction in port calls following shipping companies' schedule adjustments caused by bad weather, as well as a decline in the number of containers loaded per vessel from China.」
Even after the impact of port and operating conditions eased, the decline in ocean container volumes handled continued due to fewer port calls caused by bad weather and a decline in container volumes loaded in China. - FY2024Decline in ocean container volumes handledAnnual report
「In the logistics business, international cargo volumes handled generally declined, as the slowdown in the Chinese economy exerted downward pressure despite signs of recovery in some overseas economies, reducing the number of containers loaded per vessel.」
After a period in which the impact of port congestion and the shortage of containers eased, the slowdown in the Chinese economy led to declines in both the number of containers loaded per vessel and ocean container volumes handled. - FY2023-Q3MitigatedAnnual report
「Ocean container volumes handled generally increased as operating schedules gradually recovered and the volume handled remained firm in ocean transport.」
The Company states that operating schedules gradually recovered and ocean container volumes handled generally increased. The downward pressure on volumes handled from the shortage of containers and port congestion has eased. - FY2023-Q1Volumes handled increased despite continued port congestionAnnual report
「Although the impact of port congestion continued, export volumes handled for Southeast Asia remained firm, and ocean container volumes handled increased overall.」
While the impact of port congestion continued, export volumes for Southeast Asia and ocean container volumes handled increased overall. - FY2022MaterialisedAnnual report
「Overall volumes handled declined due to a reduction in the number of port calls by container ships as a result of congestion at overseas ports.」
The reduction in container ship port calls due to congestion at overseas ports was reflected in full-year results as a decline in international cargo volumes handled. - FY2022-Q3MaterialisedAnnual report
「International cargo volumes handled for export cargo bound for Southeast Asia remained broadly stable. Although import cargo benefited from increased private consumption after Japan's state of emergency was lifted, a decline in the number of port calls due to congestion at overseas ports became a factor weighing down total volumes handled.」
The decline in the number of port calls due to congestion at overseas ports became a factor weighing down total import cargo volumes handled, and the impact on international cargo has materialized. - FY2022-Q2MaterialisedAnnual report
「In addition, volumes of automotive-related cargo handled for Central Asia declined against a backdrop of disruptions to logistics caused by tighter cross-border quarantine controls in China and the shortage of containers.」
Stricter cross-border quarantine controls in China, logistics disruptions and the shortage of containers have materialized as a decline in automotive-related cargo volumes handled for Central Asia. - FY2022-Q1First statedAnnual report
「In the logistics business, international cargo volumes handled temporarily declined as the shortage of ocean containers and persistently high freight rates continued due to the impact of COVID-19 and other factors. However, with economic activity gradually beginning to resume, volumes handled generally moved toward an increase.」
The continued shortage of ocean containers and persistently high freight rates have had a tangible impact in the form of a temporary decline in ocean container volumes handled.