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UPS, TNT merger seen to be completed in fourth quarter 2012

United Parcel Service (UPS) said they expect the completion of their proposed takeover of TNT Express to be moved to the fourth quarter of…
  • July 16, 2012
  • 2 minute read

DHL Express launches $175-M North Asia hub

DHL Express opened on July 12 its US$175 million North Asia Hub at the Shanghai Pudong International Airport in China, which it said is…
  • July 14, 2012
  • 2 minute read

FedEx adds 2 more B777F flights to Asia Pacific-EU lane

FedEx Express (FedEx) has launched two additional Boeing 777F routes in Asia-Pacific, connecting Shanghai and Guangzhou in China to the company’s hub in Cologne,…
  • July 13, 2012
  • 1 minute read

Direct weekly Asia-Africa service set to sail

CMA CGM and Delmas Shipping announced the launch of a new direct service on the Asia-Africa route from July 24. The weekly New Africa…
  • July 13, 2012
  • 1 minute read

Hapag-Lloyd jacks up freight rates for East Asia-US trade

German ocean carrier Hapag-Lloyd said it will implement rate hikes for all dry, flat rack and open-top containers from East Asia to all U.S.…
  • July 13, 2012
  • 1 minute read

Asia-US container lines stay focused on freight rates as market improves

Transpacific shipping lines have stepped up efforts to raise freight rates, seeking stronger earnings moving into the summer. The aim is to stabilize recent…
  • July 12, 2012
  • 2 minute read

IAPH Secretary General to speak at Subic Bay maritime conference

Susumu Naruse, Secretary General of the International Association of Ports & Harbors (IAPH), will be among local and international speakers at the Subic Bay…
  • July 11, 2012
  • 2 minute read

Asia seen to contribute one-third to Deutsche Post’s revenues by 2017

Deutsche Post DHL, the world’s leading postal and logistics group, said it will set up additional hubs in Asia as it forecasts that the…
  • July 11, 2012
  • 1 minute read

Cathay Pacific to modernize fleet with bigger aircraft

Hong Kong’s Cathay Pacific Airways continues to modernize its fleet, announcing plans to convert 16 of its previously ordered Airbus A350-900 aircraft into larger…
  • July 11, 2012
  • 1 minute read

APEC region boosted global FDI inflow in 2011

The APEC region’s foreign direct investment continued to regain ground in 2011 and helped to lift global FDI inflows above their pre-financial crisis level, the…
  • July 11, 2012
  • 2 minute read

Kerry Logistics plans new logistics center in Thailand

Kerry Logistics, a Hong Kong-based logistics company, has acquired a 55,000-square-meter piece of land at the Eastern Seaboard Industrial Estate (ESIE) in Rayong Province,…
  • July 11, 2012
  • 1 minute read

Rickmers-Linie appoints Ulrichs managing director

Rickmers-Linie announced the promotion of Ulrich Ulrichs to the position of managing director. Ulrichs joined Rickmers-Linie in 2005 when he took over responsibility for…
  • July 11, 2012
  • 1 minute read

Indonesia unveils 6-port pendulum plan to cut costs, hasten traffic

The Indonesian government is planning to develop a sea corridor of six connected domestic ports to improve trade flow through the country and reduce…
  • July 9, 2012
  • 1 minute read

Hapag-Lloyd announces rate hikes and peak season surcharges

Hapag-Lloyd said it will implement a peak season surcharge (PSS) for all cargo and all container types from East Asia (excluding Japan) to North Europe.…
  • July 9, 2012
  • 1 minute read

Cai Mep terminal’s annual throughput to top 600,000 TEUs

Though operating for only a year, Cai Mep International Terminal (CMIT) in Vietnam  will handle close to 600,000 20-foot equivalent units (TEUs) in 2012, representing…
  • July 9, 2012
  • 1 minute read

Malaysia modernizing Tanjung Pelepas port for coming mega-ships

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR1.4 billion (US$442 million) over the next three years in a modernization plan designed to meet…
  • July 6, 2012
  • 1 minute read

FedEx hikes cargo capacity for Malaysia with new freighter service

FedEx Express (FedEx) has launched an Airbus A300 freighter into Malaysia that expands its cargo capacity between the country and global markets by 31…
  • July 6, 2012
  • 1 minute read

International air cargo volume drops 1.9% in May

Global airfreight traffic in May was tugged downward by deteriorating global economic conditions, latest figures from the International Air Transport Association (IATA) show. May…
  • July 6, 2012
  • 2 minute read

Container ships could reap $1.8-B profit in 2012

After losses of over US$6 billion in 2011 and an “appalling” first quarter this year, the container shipping industry could cut its losses to…
  • July 4, 2012
  • 2 minute read

Jan-May PH cargo throughput, container volume up marginally

Philippine cargo throughput grew 5.55% in the first months of the year anchored on strong performance of the export sector and a healthy rise…
  • July 4, 2012
  • 2 minute read