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Japan's Yamato taps brakes on plans to add 10,000 delivery jobs

Higher costs squeeze profits as package volumes stagnate

Yamato Holdings has seen little gain in package delivery volume this year even as it brings on more night-shift drivers. (Photo courtesy of Yamato Holdings)

TOKYO -- Japanese logistics group Yamato Holdings no longer plans to add 10,000 contract delivery workers by the end of March, as parcel volumes prove weaker than expected when it set the hiring target.

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