With the peak season just past, carrier owners and operators will spend the coming month focusing on adjusting capacity across the board, according to…
Carriers expected to adjust capacity as peak season wanes
The Latest
Air cargo industry must evolve to sharpen competitiveness—IATA
Air cargo stakeholders should work together to improve service quality, raise efficiency, and increase security so as to enhance competitiveness amid stagnant demand and…
Hong Kong airlines post 4.4% dip in cargo volume
Combined Cathay Pacific and Dragonair cargo traffic figures for September 2013 show a year-on-year drop in cargo and mail tonnage, according to the airlines’…
UPS expands express ocean freight service to Asia-Mexico trade
United Parcel Service (UPS) has expanded its preferred less-than-container load (LCL) expedited ocean freight service to include the Asia-Mexico trade lanes. The service is…
Davao International Container Terminal targets over 200,000 TEUs next year
DAVAO International Container Terminal (DICT) in southern Philippines expects to handle almost 58% or 200,000 twenty-foot equivalent units (TEU) of its annual capacity of…
US-Asia container lines eye key commodities for rate hikes
As the peak shipping period approaches in the U.S. export trade to Asia, shipping lines in the Transpacific Stabilization Agreement (TSA) Westbound section are…
JV picked for study on Batangas port use
A FEASIBILITY study costing P16.27 million that will review various studies and chart a strategic utilization of the Port of Batangas to decongest the…
Downtrend in Philippine PC Market
The Philippines’ PC market shipped a total of 460,000 units in Q2 2013, 12% lower than International Data Corporation’s initial forecast. According to…
Airbus expands services in Malaysia to tap SE Asian market
Aircraft producer Airbus will be expanding its joint-venture maintenance unit Sepang Aircraft Engineering (SAE) and establishing a new Airbus customer services center in Malaysia…
Cathay Pacific cargo terminal starts full operations
The new Cathay Pacific Cargo Terminal at the Hong Kong International Airport (HKIA) is now fully operational, providing comprehensive logistics services for the air…
Power swaps to solve Asia-Pacific’s huge energy needs—report
Cross-border power exchanges are the answer to Asia-Pacific’s booming demand for power, which is set to sharply outpace the rest of the world’s over…
TSA announces GRI for Asia-US trade services
The Transpacific Stabilization Agreement (TSA) has recommended a US$400 per 40-foot container general rate increase (GRI) for its member-carriers operating from Asia to the…
7.2 earthquake in central PH disrupts flights, sea voyages
Some flights to and from Visayas were cancelled Tuesday after a 7.2-magnitude earthquake jolted the province of Bohol, central Philippines, and parts of Visayas…
Myanmar inks electricity, investment pacts to support growth
Myanmar has signed a credit agreement with the World Bank Group (WBG) designed to increase electric power needed to help drive the economic development…
Global shippers want EC probe of P3 alliance market impact
The Global Shippers’ Forum (GSF) has officially requested the European Commission (EC) to investigate whether the proposed P3 global alliance between Maersk Line, CMA…
Road radars seen to untangle traffic at Tanjung Priok port
Indonesia’s state-owned port operator PT Pelabuhan Indonesia II (Pelindo II) plans to install a radar system to monitor highway traffic flow to and from…
K + N inaugurates Asia-Pacific logistics hub in Singapore
Switzerland-based forwarder Kuehne + Nagel (K + N) has inaugurated a regional control center in Singapore to strengthen its end-to-end logistics services and infrastructure…
Asia-Pacific to fuel airfreight traffic growth in next 20 years
The world’s airfreight traffic will grow by an average of 4.8 percent annually over the next 20 years, with emerging countries particularly in the…
McCorstin appointed president of UPS Asia-Pacific freight forwarding
U.S.-based package delivery conglomerate United Parcel Service (UPS) has named industry veteran Jeff McCorstin president of UPS Freight Forwarding in Asia-Pacific. Based in Singapore,…
6 global carriers agree to use Indonesia’s Belawan box terminal
Indonesia’s state-controlled port operator PT Pelabuhan Indonesia I (Pelindo I) has scored a deal with six global shipping and cargo companies, including Maersk Line…
