PSA leads world’s top container terminal operators
The ranking of the world’s top five container terminal operators remains unchanged, but a rise in merger and acquisition activities may soon rearrange their positions, according…
Air France-KLM August traffic dips on Asia-Pacific cargo slump
Air France-KLM reported a drop of 7.8 percent year-over-year in cargo traffic for August 2012 following a reduction in its Asia-Pacific and Americas sales.…
CMA CGM, the world’s third largest container shipping group, reported a net profit of US$178 million for the second quarter of 2012 against $74 million…
Panalpina adds 3 new direct Asia-Europe LCL services
Panalpina, the Swiss freight forwarder, has added three new direct less-than-container load (LCL) services to its Asia-to-Europe network. Operated by its non-vessel-operating common carrier Pantainer Express…
APEC leaders call for open trade, economic reforms, strong public finances
Leaders of the Asia-Pacific Economic Cooperation concluded the 20th APEC Economic Leaders’ Meeting with a declaration to cushion the damage from the euro debt crisis…
Subic Bay Metropolitan Authority (SBMA) is proposing an incentive program for logistics players to help transform the freeport into a major player in the…
Ramon De Leon, chairman of Manila-based Pac-Atlantic Group, offered a private sector wish list for Subic Bay which, when addressed, would greatly bolster utilization…
The leased container equipment fleet grew strongly in 2011, and the outlook for 2012 is similar. But nowadays it is the equipment-leasing companies, rather than…
Despite the weak global economy, trade in the Asia-Pacific Economic Cooperation region is predicted to remain healthy and outperform the rest of the world…
The Maritime and Port Authority of Singapore (MPA) has opened the new Marina South Wharves (MSW), constructed to complement the existing lighter terminal at Penjuru and…
APL Logistics, Con-way extend guaranteed shipping to Indonesia
APL Logistics and Con-way Freight announced the expansion of their guaranteed shipping services for containerized ocean trade to Indonesia. The global trade partners said…
Oakland, CA– Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced a recommended general rate increase (GRI) that will apply to…
Subic, Clark investments grow along with ambition to become transport hubs
The Philippine government is eyeing Subic and Clark to provide a world-class passenger mobility and cargo distribution network, according to National Economic and Development…
APL Logistics starts new door-to-door car transport service
APL Logistics has introduced a new door-to-door automotive transport service that uses flexible container racks to accommodate up to three times the usual number…
Evergreen Marine Corp., operator of one of the world’s largest container fleets, saw its first quarterly profit after three straight quarterly losses. The positive…
