A.R.T. Logistics introduces new intra-Asia multimodal service

Intra-Asia freight forwarder A.R.T. Logistics has launched a multimodal freight service connecting Southeast Asia’s Singapore, Malaysia, Indonesia, Vietnam, and Thailand to Central Asia. Cargo…

BFF on Hapag-Lloyd’s Asia-North America services cut

Hapag-Lloyd announced the revision of the bunker fuel factor (BFF) for containers on the eastbound Asia-U.S. and Canada trade lane effective July 1. In…

Vietnam’s Cai Mep box terminals eye alliance to survive

APM Terminals, which holds a 49 percent stake in the Cai Mep International Terminal in the Ba Ria-Vung Tau province of southeast Vietnam, has…

Global airfreight posts slight growth amid feeble demand

International airfreight markets in April showed modest expansion year-over-year, but it does not buck the 18-month trend of basically no growth in the cargo…

DHL to spend $180 M for Southeast Asia expansion

DHL Supply Chain announced plans to invest EUR140 million (US$180 million) in Southeast Asia over two and a half years, starting with the opening…

TSA lines attempt another Asia-US rate hike in July

Member-carriers in the Transpacific Stabilization Agreement (TSA) are recommending further general rate increases (GRIs) for all shipments on the Asia-U.S. trade lane from July,…

Future looks ‘cloudy’ for Changi Airport, SIA parks freighter

Changi Airport Singapore handled 145,600 tonnes of cargo last month, 1.8 percent lower than in April a year ago. In the first four months…

Big improvements in Manila North Harbor productivity seen this year

MANILA North Harbour Port, Inc. (MNHPI) is in full swing in its development program for North Harbor, according to MNHPI chief executive Richard Barclay.…

Maersk Line to bolster Asia rates

Danish ocean carrier Maersk Line is implementing general rate hikes on its Asia services in June and July. The world’s leading box liner said…

Cosco Pacific to buy ports in China, SEA

Hong Kong-based Cosco Pacific is in negotiations to buy ports in China, Southeast Asia, and Greece after selling its container manufacturing unit to parent…

Hamburg Sud christens 9,600-TEU box ships

Germany-based Hamburg Sud held a double christening for its two new container ships, the liner operator’s largest ever vessels, each with a nominal capacity…

Vietnam’s state-owned ports to be opened to private investors

Vietnam plans to convert some state-owned ports, including those in Hai Phong, Da Nang, Quang Ninh, Saigon, and Quy Nhon, into joint ventures with…

Rate hikes loom for East Asia-North America trade

Hapag-Lloyd announced general rate increases (GRIs) for all dry, reefer, flat-rack and open-top containers from East Asia to all U.S. and Canada destinations effective…

World airfreight demand lacklustre, growth uncertain—AAPA

Global air cargo demand in April slipped slightly for Asia-Pacific carriers, and the weak market trend is expected to continue, says the Association of…

PH domestic air cargo traffic up 36% in Q1

DOMESTIC air cargo traffic in the Philippines totaled 9.38 million kilograms (kgs) in the first quarter of the year, a 36% increase from last…

Slow steaming gains more appeal amid freight rate war—Drewry

The current freight rate war in the Asia-Europe and Asia-U.S. trade lanes and the further addition of new ships will force carriers to resort…

HKIA reports a busy April

Hong Kong International Airport (HKIA) saw cargo throughput rise in April 2013 to reach 342,000 tonnes, up 4.5 percent year-over-year, largely as a result…

Polar Air Cargo enhances intra-Asia schedule

Polar Air Cargo Worldwide plans to enhance its 767 intra-Asia services and 747 trans-Pacific services starting early June. One Boeing 767-300 freighter will operate…

Hapag-Lloyd improves Asia-South America East Coast coverage

German box ship Hapag-Lloyd will revise its Asia-South America East Coast (ASE) service effective week 27 to offer more comprehensive port coverage, increased frequency,…

Dragonair, Cathay Pacific volumes dip

Hong Kong’s Cathay Pacific Airways said combined cargo and mail volumes for Cathay Pacific and Dragonair decreased in April 2013 year-over-year. The sister airlines…