HK port workers accept 9.8% pay hike, end standoff
Dock workers on strike at Hongkong International Terminals (HIT) agreed to a 9.8 percent pay increase, ending their work stoppage that disrupted operations at…
Maersk Line has recruited Stephen Richard Schueler as chief commercial officer effective May 27. Schueler, 46, came from Microsoft Corporation where he was the…
Smaller container shipping lines are pulling out of the east-west trades, no longer able to compete in the big-ship-dominated markets. The recent pullout of…
Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned as an executive director and the chief financial officer of the company…
OOCL names new 13,208-TEU ship, CSCL to order 18,000-TEU vessels
Hong Kong-based Orient Overseas Container Line (OOCL) named its newly delivered 13,208-TEU (20-foot-equivalent) container ship NYK Hercules in a christening ceremony held April 29…
A stronger than expected post-holiday season in January lifted United Parcel Service’s first quarter earnings to US$1.04 billion, or $1.08 a share, up from…
Asia-Pacific airfreight shrinks in March, says IATA
Global airfreight markets weakened in March, and the improvement in growth rates that began toward end-2012 has stalled, according to the latest figures released…
New box terminal at Indonesia’s Port of Teluk Bayur opens
A new container terminal has been inaugurated at the Port of Teluk Bayur in Padang City, West Sumatra, Indonesia, that government officials claim will…
Global freight forwarder Dimerco Express Group plans to launch a new cross-border LTL (less-than-truckload) trucking service in May designed to link by land the…
Asia-Pacific airlines still plagued by soft export market
Carriers from the Asia-Pacific region continue to experience weak international air cargo demand, according to statistics for March 2013 gathered by the Association of…
The Asia logistics hub in Singapore of Kerry Logistics has begun operations. The four-story facility will also serve as the regional headquarters for Southeast…
Groundbreaking ceremonies for an international gateway port in the northern city of Hai Phong were held earlier this month, the port expected to boost…
Rival aviation hubs Singapore Changi Airport and Hong Kong International Airport (HKIA) reported contrasting airfreight movements for March. Changi Airport handled 2.5 percent more…
DHL Global Forwarding said it is providing courses and workshops to help shippers comply with the new European-wide security regulations, to take effect April…
Evergreen’s new 8,452-TEU ships to ply Asia-Europe trade
Taiwan-based Evergreen Line announced it is deploying its two newly delivered 8,452-TEU ships on the Far East-Europe trade routes in late April. The Ever…
Exporters can gain insights into doing business with Indonesia from a new report providing guidelines to “help make your sales to Indonesian buyers successful.”…