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OOCL sets rate hikes for Asia network

Hong Kong-based liner operator Orient Overseas Container Line (OOCL) is increasing freight rates on a number of Asia services effective April 2013. On its…
  • March 4, 2013
  • 1 minute read

K+N overhauls regional operations

Switzerland-based Kuehne + Nagel (K+N) will revamp its global regional structure from July 1, 2013 as “a first measure of a comprehensive program” to…
  • March 4, 2013
  • 1 minute read

Malaysian economy stays strong, set to grow 5% in 2013

After a robust, domestic-led growth in 2012, Malaysia’s economy is expected to expand by about 5 percent this year, accompanied by low unemployment and…
  • March 1, 2013
  • 2 minute read

PH government projects 2013 bullish economic performance

Improved business and consumer confidence particularly in the last quarter of 2012 is expected to help drive Philippine growth from 6% to 7% this…
  • February 28, 2013
  • 3 minute read

Barber to take over reins at UPS International

UPS International’s president, Dan Brutto, will retire at the end of April and will be replaced by Jim Barber, currently president of UPS Europe…
  • February 28, 2013
  • 1 minute read

McAdam to step down as head of APL Logistics

Jim McAdam, president of APL Logistics, will leave the company later this year, announced Neptune Orient Lines (NOL), parent company of the Singapore-based logistics…
  • February 27, 2013
  • 1 minute read

NOL whittles net loss to $419M for 2012

Singapore-based Neptune Orient Lines (NOL) recorded a full-year net loss of US$419 million in 2012, a 12 percent improvement over the net loss of…
  • February 27, 2013
  • 2 minute read

Air cargo tonnage for HK’s AAT up 19% in January

Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, recorded a volume growth of 19 percent to 60,482 tonnes…
  • February 27, 2013
  • 1 minute read

PH cargo throughput up slightly in 2012

Philippine cargo throughput grew 1.8% to 181.49 million metric tons (mmt) in 2012 from 178.29 mmt in 2011, based on latest data from the…
  • February 26, 2013
  • 2 minute read

Cathay Pacific, Dragonair carry 14.2% more cargo in January

Hong Kong’s Cathay Pacific Airways and Dragonair gained significant year-on-year increase in cargo and mail tonnage in January 2013. The two airlines carried 132,792…
  • February 25, 2013
  • 1 minute read

Logistics business seen thriving with growth in PH economy

Manufacturing growth in the Philippines will drive higher demand for logistics services, according to former Socioeconomic Planning Secretary Dr Cayetano W. Paderanga, Jr who…
  • February 25, 2013
  • 2 minute read

Asia-Australia vessels to revise bunker surcharges

The Asia Australia Discussion Agreement (AADA) said its member-carriers will adjust their bunker charges for cargoes on the Far East-Australia trade lane effective late…
  • February 25, 2013
  • 1 minute read

Maersk Line swings to black in 2012

Danish shipping giant Maersk Line pocketed US$461 million in profit in 2012 against a loss of $553 million the preceding year as a result…
  • February 24, 2013
  • 2 minute read

UPS expands Worldwide Expedited service area

United Parcel Service (UPS) has tripled the coverage area of its Worldwide Expedited air service for less time-based international shipments. The service, which delivers…
  • February 22, 2013
  • 1 minute read

Cathay Pacific’s new HK cargo hub partially opens

The new Cathay Pacific Cargo Terminal at Hong Kong International Airport started partial operations yesterday, handling airfreight carried in by Cathay Pacific from Sydney,…
  • February 22, 2013
  • 1 minute read

Eastern China-Vietnam trade lane is booming, says 3PL

Global freight and logistics services Logwin said it is seeing growth in intra-Asia trade, the world’s largest by volume, as China-based manufacturers increasingly source…
  • February 20, 2013
  • 1 minute read

Singapore air, ocean freight off to a good start

Singapore Changi Airport handled 2.5 percent more airfreight in January year-over-year, as  shipments picked up ahead of the Lunar New Year period. A total…
  • February 20, 2013
  • 1 minute read

SITC to introduce more intra-Asia loops

Intra-Asia shipping and logistics company SITC plans to launch two new services late this month and in mid-March, the latter in partnership with Kawasaki…
  • February 20, 2013
  • 1 minute read

HK air cargo logs 21% traffic growth in January

Cargo throughput at Hong Kong International Airport (HKIA) registered a two-digit growth in January, according to the Airport Authority Hong Kong (AAHK). Airfreight grew…
  • February 18, 2013
  • 1 minute read