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Cargo volume up slightly for Asian airlines

Asia-Pacific airlines saw just a marginal improvement in air cargo demand globally in May, according to statistics released by the Association of Asia Pacific…
  • June 26, 2013
  • 1 minute read

FedEx reports 45% drop in Q4 profit

Memphis-based FedEx Corp. reported a net income of US$303 million for the fourth quarter ended May 31, 2013, down from the $550 million earned…
  • June 25, 2013
  • 2 minute read

HK air cargo expanded 1.8% in May

Hong Kong International Airport (HKIA) reported a 1.8 percent growth in cargo movements in May year-over-year as export and transshipment volumes expanded. Airfreight volume…
  • June 25, 2013
  • 1 minute read

P3 network alliance good for industry if not abused—Drewry

The P3 Network to be launched jointly in the second quarter of 2014 by Maersk Line, Mediterranean Shipping Co. (MSC), and CMA CGM will…
  • June 25, 2013
  • 2 minute read

APEC to release guidelines for aligning industry standards

The Asia-Pacific Economic Cooperation (APEC) is pushing to align and synchronize industry standards and conformance requirements to improve the business environment and strengthen trade…
  • June 25, 2013
  • 2 minute read

E-cargo partnerships key to competitiveness, says IATA

The International Air Transport Association (IATA) has called for strong partnerships among industry players to promote air cargo competitiveness through e-commerce technology. “An electronic…
  • June 23, 2013
  • 2 minute read

Drewry: Box stock growth slowed in 2012

The world’s container fleet grew by 5.3 percent during 2012, adding 1.6 million TEUs (20-foot-equivalent units) to reach 32.9 million TEUs. This increase was…
  • June 21, 2013
  • 2 minute read

Dragonair, Cathay Pacific passed another slow month

Cathay Pacific and Dragonair registered another year-on-year drop in its May 2013 cargo and mail throughput. The sister airlines under the Cathay Pacific Airways…
  • June 21, 2013
  • 1 minute read

PH box liners upbeat about second half

Philippine shipping lines may not be forthcoming with operational numbers ­– which to all but a couple of listed companies seem to be closely…
  • June 20, 2013
  • 4 minute read

Global trade stabilizes on solid growth in developing countries

Global GDP is expected to expand by about 2.2 percent this year and strengthen to 3 percent and 3.3 percent in 2014 and 2015,…
  • June 19, 2013
  • 3 minute read

Asia emerging as IT production, sales hub—DHL

Growing industry competition and Asia’s rising importance as both a manufacturing location and a consumer market are key trends technology logistics providers should focus…
  • June 19, 2013
  • 2 minute read

Hong Kong’s AAT, Hactl report May cargo numbers

Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, said it saw a double-digit growth in air cargo traffic…
  • June 19, 2013
  • 2 minute read

Maersk Line, MSC, CMA CGM to launch alliance

The world’s three biggest container lines are set to forge an alliance on three key trade lanes, intending to launch the tie-up by the…
  • June 18, 2013
  • 2 minute read

Strong economic growth anchors PH ports

ROBUST Philippine economic growth in the first quarter that exceeded expectations boosted performance of the country’s port operators as they continued to defy uncertainties…
  • June 17, 2013
  • 4 minute read

Global airfreight industry’s revenue to grow through 2018

The airfreight logistics industry’s revenue is expected to rise by nearly 3 percent in 2013 and to continue to grow until 2018 as expansion…
  • June 17, 2013
  • 1 minute read

DHL launches new medical airfreight monitoring service

International freight service provider DHL Global Forwarding has launched DHLThermonet, a new airfreight product for managing and monitoring temperature-sensitive shipments of pharmaceutical products and…
  • June 17, 2013
  • 1 minute read

Moody’s: Shipping industry’s profit to fall 5%-10% in 2013

The global shipping industry will be sailing in rough waters over the next 12 to 18 months, as the supply of vessels will continue…
  • June 17, 2013
  • 2 minute read

Maersk Line names first Triple-E box ship

The first of Maersk Line’s ships in the Triple-E series, composed of the largest container vessels in the world, was yesterday named Maersk Mc-Kinney…
  • June 15, 2013
  • 1 minute read

Hapag-Lloyd pushes up Asia freight rates

Hamburg-based Hapag-Lloyd has scheduled general rate increases from East Asia to Latin America and the Caribbean to take effect in the middle of July.…
  • June 14, 2013
  • 1 minute read

World air cargo grew 1% in April

Total international and domestic airfreight traffic increased by 1 percent in April 2013 compared to the same month a year ago, but growth continued…
  • June 14, 2013
  • 1 minute read