ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Stocks

Yamato rate hikes lift package shippers, slam online retailers

Stock gains led by logistics giant may not have legs

TOKYO -- Shares of Japanese logistics companies jumped here Tuesday following the news that home delivery leader Yamato Transport will raise base shipping rates this year.

But investors are also shying away from online retailers, whose earnings may get hit hard by the changes.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more