Singapore Changi Airport saw its cargo volumes decline 3.2 percent to 1.81 million tonnes in 2012, suppressed by uncertainties in the global economy. For…
U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn its offer to purchase Dutch rival TNT Express following the anticipated formal…
Vietnam opened January 28 the Cai Mep-Thi Vai International Ports, the country’s deepest and biggest port system located in the southern province of Ba…
Kawasaki Kisen Kaisha (“K” Line) announced today it will upgrade its weekly intra-Asia services JABCO-1 and JABCO-2 to provide better transit times between Japan…
Korea, Malaysia ports achieve traffic growth in 2012
South Korea’s ports handled nearly 22.5 million 20-foot-equivalent units (TEUs) in 2012, an increase of 4.1 percent from 2011, derived in part from strong…
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, set an 11 percent growth in throughput to 68,252 tonnes…
Box ships schedule March rate hikes on Asia-Europe loop
Global ocean carriers Orient Overseas Container Line (OOCL) and Hapag-Lloyd announced general rate hikes on the Asia-Europe trade come March. Hong Kong-based OOCL said…
Even though global economic doldrums slowed emerging markets in 2012, they continue to elicit strong enthusiasm from trade and logistics professionals in 2013, as…
Orient Overseas Container Line (OOCL), Hong Kong’s biggest box line, reported a 0.7 percent fall in volume for the fourth quarter of 2012 year-over-year.…
The Port of Hong Kong processed 23.1 million 20-foot-equivalent units (TEUs) in 2012, a decrease of 5.3 percent year-over-year, the first time volume contracted since…
G6 partners to combine Asia-USEC services via Suez
Three members of the Grand Alliance are set to deepen their partnership with three counterparts from the New World Alliance by combining their services…
CMA CGM voids six sailings during Chinese New Year festival
Marseilles-based CMA CGM is cancelling six sailings on the Asia-North Europe trade from February 10, 2013 in anticipation of reduced production during the Chinese…
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, announced a 12 percent expansion in its cargo volume for…
Dragonair, Cathay Pacific tonnage drops 5.3% in 2012
Combined traffic volume for Cathay Pacific Airways and Dragonair continued to inch upward, rising by more than 3 percent in December 2012 year-on-year, but…