Trucking Japan's Transport Sector: Footfall decreases most sharply in and around Tokyo station
Movement has decreased most sharply in and around Tokyo compared with the pre-COVID-19 era. Perhaps railways that serve the metro Tokyo area will suffer more than in other conurbations on weaker work & school commuting demand post corona.
Population change in July compared to those "before Corona"
Source: Mobile space statistics
Passenger services
Demand is gradually recovering for domestic flight and shinkansen travels, but the pace of recovery is slow. The number of shinkansen reservations during the Obon period, announced today, showed a yoy decline of some 80%. The slump in long-distance routes is similar everywhere, while short-distance movement by people differs significantly by region. In Japan it is in and around Tokyo station that movement has decreased most sharply compared with the pre-COVID-19 era.
Freight operations
Growth in door-to-door delivery volumes did not slow in June. The strong demand clearly stems mainly from the temporary needs of consumers staying at home. However, as first-time Internet shoppers have joined the market, the breadth of the market may have increased. The marine transport market is generally brisk as well. Container shipping rates remain at the highest level in the past ten years, due to appropriate supply adjustments by shipping companies. Dry bulker rates are also at a high level, on the back of production recovery in China.
