APL bowing out of WTSA

Container carrier APL is quitting the Westbound Transpacific Stabilization Agreement (WTSA), a research and discussion forum of container shipping lines operating in the trade lane from…

Asian ports increasing share of global container traffic—report

In the last 10 years container throughput at global ports has more than doubled, with Chinese ports increasing their volume share by 30 percent,…

Changi airport’s cargo shipments contract in July

Cargo volume handled at Singapore Changi Airport fell in July year-over-year, company statistics show. Changi saw shipments decrease by 4.5 percent to 152,900 tonnes last month…

IBM establishes supply chain analytics center in Singapore

IBM launched its first analytics-based supply chain center in Singapore to help organizations in Asia-Pacific improve their supply chains. The IBM Supply Chain Analytics…

CMA CGM resolute on September peak season surcharge

CMA CGM reiterated on August 20 that the imposition of the peak season surcharge (PSS) on the Asia-Europe trade lane will push through in…

Wan Hai, MOL merge intra-Asia slings, deploy bigger vessels

Taiwan’s Wan Hai Lines (WHL) and Japan’s Mitsui O.S.K. Lines (MOL) have agreed to merge their Japan-Indonesia services to increase their capacity and coverage of…

Evergreen Line adds new Far East-Europe loop

Even as overcapacity and weak demand plague this trade lane, Evergreen Line plans to launch a new Asia-Northern Europe route this week. The new…

HKIA, AAT see decline in cargo volume for July

After posting growth in May and June, Hong Kong International Airport (HKIA) saw cargo volume in July decline 1.6 percent year-on-year to 335,000 tonnes.…

Myanmar can be Asia’s next rising star—ADB

Myanmar could follow Asia’s fast-growing economies and expand at 7 percent to 8 percent a year, become a middle-income nation, and triple per capita…

ASEAN world’s 6th biggest auto market by 2018

The Association of Southeast Asian Nations (ASEAN) region will be the sixth biggest automotive market globally by 2018, with Thailand and Indonesia leading the…

SIA Cargo adds Brazil to freighter network

Singapore Airlines (SIA) Cargo  has launched its first scheduled freighter service to Sao Paulo in Brazil, as it added South America to its freighter network.…

Logistics firms install new warehouses in NZ

Two European logistics companies have opened warehouse complexes in Auckland, New Zealand. Netherlands-based CEVA Logistics opened a multi-user warehouse facility in Auckland on August…

Hapag-Lloyd rates for Far East services to increase

Hapag-Lloyd will implement a series of general rate increases (GRIs) on its East Asia routes as part of its rate restoration program. The GRIs…

Global air cargo traffic rebounds in June

International airfreight traffic made an overall gain of 1 percent year-over- year in June 2012, even as a slight decline in cargo volume was…

Hapag-Lloyd trims net loss for Q2

Hapag-Lloyd registered a net loss of US$9 million (EUR7.3 million) in the second quarter of the year, a better performance from its $13.1 million…

Evergreen Line expanding into Myanmar

Evergreen Line of Taiwan announced a new feeder service into Myanmar, to be launched in late August. The new Straits-Yangon service (SYS) will connect…

AAHK receives study brief for HK runway expansion

Airport Authority Hong Kong (AAHK) and sister carriers Cathay Pacific Airways and Dragonair welcomed the issuance of the Study Brief for the Environmental Impact…

Vessels set new record for on-time reliability

Ships’ on-time performance reached a record high of 75.7 percent in the second quarter of 2012, up 3.4 percent from the first quarter of…

MCC kicks off weekly Southeast Asia service

Intra-Asia specialist MCC Transport announced the launch this month of its Intra Asia 3 Service, (IA-3), a new weekly service linking Muara (Brunei), Kota…

PH domestic airfreight volume hits 6 million kg in Q1

Total domestic airfreight volume in the Philippines reached 6.013 million kilograms for the first quarter, according to a report from the Civil Aeronautics Board…