G6 scraps suspended Asia-North Europe sling

The G6 Alliance will not reinstate this year the sixth loop of its Far East-North Europe service that it suspended in late 2012. The…

Shanghai port’s 2012 box traffic reaches 32.5M TEUs

The Port of Shanghai, the world’s biggest container port, registered a 2.5 percent expansion in container volume to 32.5 million 20-foot-equivalent units (TEUs) in…

Jan-Oct PH cargo volume up 1.26%; box throughput grew 11.23%

Philippine cargo throughput inched up 1.26% in the first ten months of 2012 to 151.881 million metric tons (mmt) from the previous year’s 149.992…

PwC predicts world’s largest economies by 2050

China, the United States, and India will be the three largest economies by 2050, with Brazil overtaking Japan in fourth place, according to the…

Malaysia’s logistics industry looks to a bright 2013

The Malaysian logistics industry is expected to grow 9.5 percent to MYR139.74 billion (US$46.34 billion) in 2013 from an estimated MYR127.66 billion a year…

Indonesia’s Tanjung Priok Port names new GM

Indonesia Port Corporation (IPC), or PT Pelabuhan Indonesia II, appointed on January 15 Ari Henryanto as the new general manager of Tanjung Priok Port.…

Opportunities abound for logistics investors in a resurgent PH economy

Despite the global economic slowdown and volatile market conditions, economists are bullish on the prospects of the Philippine economy in 2013. The Bangko Sentral…

UPS anticipates EC’s rejection of TNT buyout

United Parcel Service (UPS) said on January 14 it was “extremely disappointed” to learn that the European Commission (EC) intended to disapprove its takeover…

Indonesia to put national pendulum system on trial run

PT Indonesia Port II, or IPC, continues to improve on the concept of the national pendulum system in Indonesia as it prepares for a…

PSA ports register 5.2% growth in box volume for 2012

Despite a difficult 2012, global port operator PSA International said its ports all over the world set an overall 5.2 percent increase in container…

Cathay’s cargo terminal at HKIA opens February

Cargo terminal operator Cathay Pacific Services Limited (CPSL) announced that its new terminal at the Hong Kong International Airport (HKIA) will open on February…

Cargo slump, capacity growth curtail GRI tries in 2012

Despite attempts at void sailings and capacity reduction on the east-west trade routes, carriers could not push through with most of the planned freight…

Singapore port’s 2012 box traffic exceeds 30 million TEUs

The Port of Singapore handled more than 30 million 20-foot-equivalent units (TEUs) in 2012, a historic high despite the year’s global economic uncertainties and…

2013 outlook improves as airfreight rebounds

World airfreight forecasts for 2013 have taken a more positive note as cargo markets rebounded strongly in November 2012, the International Air Transport Association…

‘K’ Line eyes ASEAN, diversification to drive growth in 2013

Japanese shipping line Kawasaki Kisen Kaisha (“K” Line) said that it will focus on expanding its Southeast Asian network and exploring businesses beyond container…

Malaysia’s Port Klang box throughput grows 4.1% in 2012

Container traffic at Port Klang in Malaysia expanded by merely 4.1 percent last year to total 9.99 million 20-foot-equivalent units from 9.6 million TEUs…

Kerry Logistics establishes JV in Vietnam

Hong Kong’s Kerry Logistics has acquired a majority stake in express company Tin Thanh Express (TTC Express) of Vietnam to expand its network in…

Global airfreight registers slight growth, says AAPA

International air cargo demand showed a slight improvement in November 2012, but on cumulative terms, traffic remains on a decline, according to figures released…

Indonesia’s New Priok Port given environmental permit

The New Priok Port project in north Jakarta, Indonesia, can begin now that state-owned port operator Indonesia Port Corporation (IPC) has received the official…

Panalpina names new CEO for Asia-Pacific

Global forwarder Panalpina on January 4 announced the appointment of Stefan Karlen, managing director for Southeast Asia, as the new regional CEO for Asia-Pacific.…