Asean Plus 3 endorse pacts boosting 15 years of cooperation
The ASEAN Plus Three (APT) Leaders Summit held November 19 adopted two documents that enhance cooperation between the Association of Southeast Asian Nations and…
Malaysia’s Westports still optimistic about cargo growth
Westports Malaysia Sdn Bhd, operator of the country’s busiest container port, still sees growth in the next couple of years despite the global economic…
More box ships to levy rate hikes, surcharges over next 2 months
Sea carriers continue to set their rate restoration and surcharge imposition plans for the Asia-Europe trade, to be implemented next month and January 2013.…
Singapore’s APL Logistics announced it has acquired Carmichael International Service to enable it to provide U.S. Customs brokerage and trade compliance services in-house, the…
Hapag-Lloyd said it will increase rates for the Far East westbound trade effective December 17 to continue to provide its clients with “sustainable services.”…
Atlanta-headquartered United Parcel Service (UPS) has released its new rates for 2013, which include an average net increase of 4.5 percent on all air…
Dragonair, Cathay Pacific improve numbers for October
Cathay Pacific Airways reported higher combined cargo and mail tonnage for the Hong Kong-based airline and its sister company Dragonair in October 2012, as…
Asia-Pacific economies urged to invest in disaster risk reduction
As natural disasters in the Asia-Pacific continue to grow in frequency and intensity, economies in the region should look at greater investments in disaster…
HK’s air and sea cargo volumes contract in October
Sea freight movement at Hong Kong’s container port continued on its downslide in October, as throughput shrank nearly 10 percent to 1.9 million 20-foot-equivalent…
Atlanta-based package delivery giant UPS introduced a new cloud-based technology platform that allows customers to more efficiently collaborate with international suppliers and better manage…
Asian airlines innovate as economic power shifts eastward—AAPA
Asia-Pacific carriers are looking into innovative courses of action, such as strategic realignments and multifaceted airline offerings, as they take a leading role in…
Hong Kong’s Cathay Pacific Airways announced the launch of a new weekly freighter service to Colombo, Sri Lanka, starting December, saying it is positioning…