Barber to take over reins at UPS International

UPS International’s president, Dan Brutto, will retire at the end of April and will be replaced by Jim Barber, currently president of UPS Europe…

McAdam to step down as head of APL Logistics

Jim McAdam, president of APL Logistics, will leave the company later this year, announced Neptune Orient Lines (NOL), parent company of the Singapore-based logistics…

NOL whittles net loss to $419M for 2012

Singapore-based Neptune Orient Lines (NOL) recorded a full-year net loss of US$419 million in 2012, a 12 percent improvement over the net loss of…

Logistics business seen thriving with growth in PH economy

Manufacturing growth in the Philippines will drive higher demand for logistics services, according to former Socioeconomic Planning Secretary Dr Cayetano W. Paderanga, Jr who…

UPS expands Worldwide Expedited service area

United Parcel Service (UPS) has tripled the coverage area of its Worldwide Expedited air service for less time-based international shipments. The service, which delivers…

Eastern China-Vietnam trade lane is booming, says 3PL

Global freight and logistics services Logwin said it is seeing growth in intra-Asia trade, the world’s largest by volume, as China-based manufacturers increasingly source…

UPS introduces 300 new freight lanes in 2012

United Parcel Service (UPS) expanded its direct less-than-container-load (LCL) network by more than 300 lanes in Asia, Europe, the Middle East, Africa, and South…

DB Schenker plans SG warehouse, Catapult opens HK office

Contract logistics and supply chain company DB Schenker Logistics will build a new integrated logistics center at the Tampines LogisPark, Singapore, close to Changi…

Pension charge pushes UPS earnings in Q4 southward

United Parcel Service (UPS) registered a net loss in the fourth quarter of 2012 as it dealt with a weak global trade, a tepid…

UPS formally drops takeover bid for TNT Express

U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn its offer to purchase Dutch rival TNT Express following the anticipated formal…

FedEx Trade Networks establishes presence in Thailand

FedEx Trade Networks, the global freight forwarding arm of FedEx Corp., has opened an office in Bangkok, its first in Thailand, in  anticipation of…

Agility opens new warehouse in Malaysia

Global logistics provider Agility has opened a state-of-the-art logistics center in Melaka on the Malay Peninsula. This bonded warehouse will support a variety of…

Malaysia’s logistics industry looks to a bright 2013

The Malaysian logistics industry is expected to grow 9.5 percent to MYR139.74 billion (US$46.34 billion) in 2013 from an estimated MYR127.66 billion a year…

UPS anticipates EC’s rejection of TNT buyout

United Parcel Service (UPS) said on January 14 it was “extremely disappointed” to learn that the European Commission (EC) intended to disapprove its takeover…

Transfer of PH seafreight forwarders to transport agency eyed in 1H

Officials of the Philippine Maritime Industry Authority (Marina) and Department of Trade and Industry (DTI) will soon meet to iron out kinks in the…

Kerry Logistics establishes JV in Vietnam

Hong Kong’s Kerry Logistics has acquired a majority stake in express company Tin Thanh Express (TTC Express) of Vietnam to expand its network in…

Panalpina names new CEO for Asia-Pacific

Global forwarder Panalpina on January 4 announced the appointment of Stefan Karlen, managing director for Southeast Asia, as the new regional CEO for Asia-Pacific.…

UPS launches express service for heavy cargo

Atlanta-based United Parcel Service (UPS) has launched a new worldwide express airfreight service for heavy shipments to complement its express airfreight package business. The…

PH seafreight forwarders’ transfer to Marina a hop and skip away

The transfer of supervisory powers over seafreight forwarders from the Philippine Shippers’ Bureau (PSB) to the Maritime Industry Authority (Marina) is just a meeting…

Atlas Air to operate DHL’s new intra-Asia planes

Atlas Air, a subsidiary of Atlas Air Worldwide Holdings, will provide operating service on intra-Asia routes for two new Boeing 767-300ERF aircraft owned by…