Dutch express delivery company TNT Express said it has accepted the resignation of its CEO, Marie-Christine Lombard, but stressed that her departure would not…
The World Trade Organization (WTO) downgraded its forecast for world trade expansion to 2.5 percent from 3.7 percent, and scaled back its 2013 estimate…
Vietnam’s new Cai Lan terminal welcomes first ship
The newly opened Cai Lan International Container Terminal (CICT) processed its first call in end-August with the berthing at this north Vietnam harbor of a…
Enough of Manila port development, say supply chain managers
Philippine-based supply chain managers support proposals to stop further development of Manila ports but are against putting a cap on cargo throughput passing through…
The Hong Kong International Airport (HKIA) wants to exceed expectations in the conduct of carbon studies and adoption of a method for evaluating the environmental impact of…
American parcel giant FedEx Corp. reported a consolidated net income of US$459 million, or $1.45 per diluted share, for the first quarter ended August…
Air freight movements at Singapore Changi Airport declined in August this year, the second consecutive month that traffic slowed. Freight volume dipped by 4.4…
Combined cargo and mail volume carried by Cathay Pacific Airways and sister airline Dragonair showed another year-on-year decline for August, but Cathay Pacific is…
OOCL announces October rate hike on Europe-Asia route
Orient Overseas Container Line (OOCL), Hong Kong’s biggest shipping line, said it will impose a general rate increase (GRI) on its North Europe-Asia trade…
U.S.-based logistics companies Federal Express (FedEx) and United Parcel Service (UPS) have been granted access to China’s domestic express delivery market in a move…
Hong Kong’s AAT sees 7% hike in August cargo traffic
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, announced a growth of 7 percent in cargo throughput for…
IPC tapped to operate Indonesia’s New Tanjung Priok port
State-owned port operator Indonesia Port Corporation (IPC) has acquired the concession right to operate the New Tanjung Priok port, which will rise in Kalibaru,…
