Maersk Line plans freight rate hikes on major trade loops
Copenhagen-based Maersk Line will impose a series of general rate hikes on key sea lanes beginning May. Maersk Line, the world’s leading container shipper,…
Cargo movements at Changi Airport ‘relatively stable’
Changi Airport Singapore reported that airfreight movements decreased 1.8 percent year-on-year to 163,000 tonnes in March 2012. The figure, however, is an increase from…
Atlanta-based United Parcel Service (UPS) announced first quarter 2012 earnings per share of $1, a 10 percent improvement over the prior-year period that however…
Philippine cargo throughput increased slightly in January due to improved export volumes. Cargo volume grew 1.08% to 12.872 million metric tons (mmt) from 12.537…
ASEAN to leapfrog as China’s top trade partner by 2015
The Association of Southeast Asian Nations (ASEAN) group will become China’s biggest trading partner by 2015, the China Council for the Promotion of International…
Evergreen Line announced plans to launch a Belawan-Malaysia feeder route (BMS) in late April to further strengthen its intra-Asia service network. Evergreen Line will…
Cathay Pacific Airways will further expand its presence in India with a new twice-weekly freighter service to Hyderabad, making it the first airline to…
CMA CGM reshuffles Asia-South Africa and Mozambique routes
French box ship CMA CGM announced it will reshuffle in partnership with Maersk Line its Asia-South Africa and Mozambique services. These two new services…
Maersk Line has resumed booking shipments on the North Europe-Asia sling after a suspension of almost a month. The world’s largest ocean container line…
The global economy is slowly improving again, but growth is expected to be weak, especially in Europe, according to the International Monetary Fund’s latest forecast.…
Drewry Maritime Research and CargoSmart Limited have partnered to introduce a wider range of container key performance indicators (KPIs) to help importers and exporters…
