Japan’s sea and air cargo exports will sink between 4 percent and 5 percent in the first half of fiscal 2011 from a year earlier in the wake of the devastating earthquake and tsunami that hit the northeastern part of the country on March 11, a research firm predicted.
Nittsu Research Institute and Consulting … predicted container exports from Japanese ports will recover in the second half of fiscal 2011, rising between 5 percent and 5.5 percent from a year earlier. As a result, container exports in the whole of fiscal 2011 will grow between 0.2 percent and 0.7 percent from fiscal 2010.