American parcel giant FedEx Corp. intends to improve its profitability by US$1.7 billion by fiscal 2015, largely by cutting costs at its express division…
Damco, the logistics arm of A.P. Moller-Maersk, has signed a deal to acquire Pacific Network Global Logistics (PacNet), a freight forwarder based in Australia,…
FedEx launches $80-M regional cargo hub in Singapore
American air cargo transportation company FedEx Express opened on October 3 a new SGD97 million (US$78.9 million) hub in Singapore that consolidates and boosts its…
APL Logistics, the freight-forwarding arm of Neptune Orient Lines, opened two quality assurance centers in Bangladesh to capitalize on the growing apparel sector in…
Transfer of PH seafreight forwarding sector supervision revived
The proposal to transfer supervision of the Philippine seafreight forwarding industry from the Philippine Shippers’ Bureau (PSB) to the Maritime Industry Authority (MARINA) seems…
Switzerland-based logistics provider Agility named 28-year company veteran Chris Price as chief executive officer for its Asia-Pacific operations, and 11-year company veteran Mike Bible…
PH supply chain managers keep rates steady until yearend
Supply chain managers in the Philippines have shelved any rate adjustments in the services they provide despite continuing rise in operational expenses. “There would…
Dutch express delivery company TNT Express said it has accepted the resignation of its CEO, Marie-Christine Lombard, but stressed that her departure would not…
American parcel giant FedEx Corp. reported a consolidated net income of US$459 million, or $1.45 per diluted share, for the first quarter ended August…
U.S.-based logistics companies Federal Express (FedEx) and United Parcel Service (UPS) have been granted access to China’s domestic express delivery market in a move…
Panalpina adds 3 new direct Asia-Europe LCL services
Panalpina, the Swiss freight forwarder, has added three new direct less-than-container load (LCL) services to its Asia-to-Europe network. Operated by its non-vessel-operating common carrier Pantainer Express…
DB Schenker introduces new air and ocean tracking service
DB Schenker Logistics now offers more options for tracking consignments with the new Advanced Air & Ocean Tracking service. Customers can use the quick…
Ramon De Leon, chairman of Manila-based Pac-Atlantic Group, offered a private sector wish list for Subic Bay which, when addressed, would greatly bolster utilization…
APL Logistics, Con-way extend guaranteed shipping to Indonesia
APL Logistics and Con-way Freight announced the expansion of their guaranteed shipping services for containerized ocean trade to Indonesia. The global trade partners said…
APL Logistics starts new door-to-door car transport service
APL Logistics has introduced a new door-to-door automotive transport service that uses flexible container racks to accommodate up to three times the usual number…
Kerry Logistics has further expanded its business portfolio by entering into the insurance sector through the acquisition of Taishan Insurance Brokers Ltd (TIB), which…
