Box carriers eye GRIs on various Asia routes in June
APL, the container shipping line of Singapore-based Neptune Orient Lines, will impose a general rate increase (GRI) effective June on its South America network…
DHL Supply Chain has unveiled a two-year plan to invest EUR10 million (US$13 million) in new facilities, IT systems support, transport fleet, and workforce…
Bonn-based Deutsche Post DHL increased both revenues and operating earnings slightly in the first three months of the year compared to the same period…
Dutch company wins contract for Tanjung Priok port expansion
Royal HaskoningDHV, an Amersfoort, The Netherlands-based consultancy and project manager, has won a multimillion-dollar contract to supervise the initial expansion of the Tanjung Priok…
Hapag-Lloyd revises rates on East Asia-Latin America network
German box carrier Hapag-Lloyd announced general rate increases (GRIs) for its East Asia-Latin America services effective the middle of June. In advisories released today,…
Container monorail to link Surabaya ports in Indonesia
Two of Indonesia’s state-owned companies—port operator PT Pelabuhan Indonesia III (Pelindo III) and construction firm Adhi Karya—plan to build an IDR2.5 trillion ($256 million)…
Malaysia-headquartered MMC Corp. Bhd will invest MYR2 billion (US$666 million) in upgrading the capacity and efficiency of both the Johor Port and Port of…
Germany’s Hapag-Lloyd will increase rates and implement a peak season surcharge (PSS) on its Asia services. Effective July 1, Hapag-Lloyd will hike the rates…
Thailand-based Regional Container Lines (RCL) announced a new slot exchange deal with MCC Transport on the Thailand/Vietnam-Hong Kong trade route that begins in the…
ACI observes ‘systemic slowdown’ in airfreight traffic
Global airfreight traffic continued to exhibit signs of weakness, posting cargo volume of 4,202 metric tonnes in March for a year-over-year decline of 1…
HK airfreight handler logs double-digit volume growth
Asia Airfreight Terminal (AAT), the second cargo handler at Hong Kong International Airport, recorded an 11 percent rise in throughput for April 2013 year-over-year.…
PSS, GRI and BAF await boxes on Cosco’s Far East-Europe network
Cosco Container Lines plans to impose a peak season surcharge (PSS) on the Far East-Northwest Europe and Mediterranean starting next month. In a statement,…
Israel-based Zim Integrated Shipping Services announced it will add the port of Norfolk in Virginia, U.S.A., to its Zim Container Service Pacific (ZCP) route…
With strong performances in ocean freight and logistics, Swiss forwarder Panalpina started the year on a positive note, reporting a consolidated profit of CHF14…
New orders for ultra-large container vessels (ULCVs) are undermining attempts by carriers to solve the capacity overhang, according to Drewry’s monthly report “Sea &…