Atlanta-based United Parcel Service (UPS) has launched a new worldwide express airfreight service for heavy shipments to complement its express airfreight package business. The…
The Singapore economy averted a technical recession by posting a higher-than-expected growth in the fourth quarter of 2012, advance estimates from the Ministry of…
The European Shippers’ Council (ESC) is calling for a probe into “apparently co-ordinated moves” by ocean liners in blanking previously set sailings on the…
Manila-based port operator International Container Terminal Services, Inc. (ICTSI), through its subsidiary Tartous International Container Terminal jsc (TICT), has announced the pull-out of its…
With Vietnam’s shipping industry in the doldrums, local and foreign shipping-related businesses are seeking a delay in the launch of the Cai Mep-Thi Vai…
Germany’s Hapag-Lloyd announced more rate increases for the Far East trades beginning next year under its revenue recovery program. From January 15, 2013, rates…
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, reported a 12 percent increase in tonnage throughput year-on-year for…
Singapore and the European Union (EU) have completed final negotiations on a bilateral free trade agreement (FTA) that will promote business cooperation between the…
Box traffic at the Port of Hong Kong contracted 4.3 percent in November 2012 year-over-year to 1.87 million 20-foot-equivalent units (TEUs), Port Authority statistics…
Netherlands-based Ceva Logistics entered into a joint venture (JV) in Vietnam with its longtime local partner to reinforce the global logistics firm’s presence in…
Transporeon enters Asian market with new Singapore HQ
E-logistics sister companies Transporeon and Ticontract have established a local presence in Asia with a new office in Singapore that opened in November this…
Container lines in the Asia-U.S. freight market are resisting cyclical winter season pressures on rates, reaffirming their resolve to prevent discounting that spills over…
Hapag-Lloyd boosts East Asia-North America box rates
Hapag-Lloyd announced a round of general rate increases (GRIs) on the East Asia-U.S. and Canada trades effective mid-January next year. The GRIs will be…
Zim’s Far East-Europe rates to rise effective January
A general rate restoration on the Asia-westbound trades is scheduled for implementation early next year, announced Zim Shipping Integrated Services. The new freight rates…
