Cargo traffic at Changi Airport Singapore continues to be sluggish. The airport registered 152,900 tonnes of cargo in May, down 2.8 percent year-on-year, the…
Thailand eyes $3.8-billion expansion of Laem Chabang port
The Thai government plans to invest THB120 billion (US$3.8 billion) to further expand Laem Chabang Port in Chon Buri province to ease congestion around…
UPS issues renminbi commercial paper to fund its China projects
United Parcel Service (UPS) has executed a commercial paper transaction denominated in the offshore renminbi currency to fund its projects in China. The issuance,…
Hong Kong International Airport (HKIA) recorded a slight growth in cargo volume for May, registering the first year-on-year growth since March last year. Cargo…
Cathay Pacific, Dragonair see 10.6% fall in cargo traffic
Despite good traffic within Asia-Pacific, sister carriers Cathay Pacific Airways and Dragonair reported a significant drop in their combined global cargo and mail tonnage…
Kuehne + Nagel has introduced a regional spare parts logistics hub in Singapore dedicated to the aerospace industry. The warehouse, located within the Airport…
Malaysia’s MASkargo to pay fine of $6 million for price-fixing
Malaysian Airline System and its cargo division MASkargo have agreed to pay a fine of AUD6 million (US$6 million) after the Australian Federal Court ruled…
Orient Overseas Container Line (OOCL), Hong Kong’s largest box carrier, announced changes to its management group effective July 1, 2012. Michael Kwok will be promoted…
DHL Global Forwarding-Freight has expanded its door-to-door concept in intra-Asia Pacific with the launch of an intercontinental door-to-door distribution system from Asia-Pacific to Europe.…
Geodis Wilson upgrades Vietnam facility to one-stop center
Geodis Wilson, a division of global logistics provider Geodis Group, has expanded its facility in Vietnam to provide customers one-stop logistics support. The 2,600-square-meter…
Singapore-based low cost carrier Tiger Airways has acquired 40% of local budget airline operator Southeast Asian Airlines (SEAir), Inc for $7 million. “The investment…
Vale launches iron ore transshipment operations in Subic
The Subic Bay Metropolitan Authority (SBMA) and Brazil’s Vale Shipping Holdings Pte. Ltd. (VSH) last week formally announced their partnership using Subic Bay…
