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Ukraine war

Nippon Yusen plans to end Russia automotive land freight business

Transportation demand has plunged due to fall in car production amid sanctions

Nippon Yusen is considering plans to withdraw its land freight business from Russia as sanctions have made it hard to operate in the country.

TOKYO -- Japanese shipper Nippon Yusen, better known as NYK Line, is considering plans to withdraw its automobile land freight business from Russia, Nikkei has learned.

NYK Line is considering withdrawing from the market, within a few months at the earliest, and will coordinate with local affiliates if it does go through with the process.

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