France’s largest carrier, CMA CGM, reported a net loss of US$248 million year-over-year for first-quarter 2012, but claimed the figure represented one of the…
Atlanta-based United Parcel Service has appointed Brendan Canavan, a 31-year UPS veteran, as president of the logistics giant’s Asia-Pacific division. Canavan is replacing Derek…
Global traffic trends in airfreight remain on a downward path, as cargo volumes declined by 4.4 percent in April year-on-year, according to the Airports…
Zim Integrated Shipping Services will implement general rate increases (GRIs) in the Asia-Europe trades effective July 1. The Israel box ship will impose an…
Conference highlights logistics, investments opportunities at Subic Bay
The Subic Bay Metropolitan Authority in cooperation with the Subic Bay International Terminal Corp is organizing the Subic Bay Maritime Conference & Exhibit on…
Cebu Pacific signs $280M maintenance contract with Rolls-Royce
Cebu Pacific formally signed a $280-million contract with Rolls-Royce which will provide long-term service support for its Trent 700 engines on up to eight…
Jardine Shipping Services opens new office in Balikpapan, Indonesia
Jardine Shipping Services recently opened its 13th office in Indonesia at the seaport city of Balikpapan, located in the East Kalimantan province, to provide…
Auto logistics facility opens at ATI’s Batangas Port
A world-class logistics and pre-delivery inspection facility for imported vehicles has started operations inside Batangas port – a multipurpose marine terminal managed by publicly…
PwC: Finance leaders optimistic emerging markets will propel industry growth
Bucking the current trend for a negative economic outlook, finance leaders showed optimism and said they expect positive growth in their industry over the…
Deutsche Post DHL to pay $644 M in back postal taxes
Germany’s Deutsche Post DHL has been ordered by German financial authorities to pay EUR516 million (US$644 million) in back taxes incurred from 1998 to…
ICTSI in JV to operate Tanjung Priok terminal in Indonesia
Philippines-based International Container Terminal Services Inc. (ICTSI) has made a joint-venture deal with an Indonesian private port developer to operate the Adipurusa terminal at…
DB Schenker to establish logistics facility in Singapore
Germany’s contract logistics provider DB Schenker plans to establish in Singapore a US$3.7-million supply chain solutions center for electronics and industrial manufacturers in Asia,…
HK airport authority takes next step in runway expansion
The Airport Authority Hong Kong (AAHK) has submitted the project profile detailing the planned expansion of Hong Kong International Airport (HKIA) and its potential…
Vietnam container terminal sets new productivity record
Cai Mep International Terminal (CMIT) in Vietnam’s Ba Ria-Vung Tau province recently set two new productivity benchmarks for container terminals in the country, said…
