date:Jul 24, 2013
he domestic transport of goods is rapidly shrinking, said Takahiro Wakana, assistant manager of public management consulting at Nomura Research Institute.
The number of mergers and acquisitions in the industry will increase in the next five to 10 years, he said, referring to moves such as Hitachi Transport System Ltd.s purchase of James J. Boyle Co. of the United States to survive the global competition.