GOTHONG SOUTHERN Shipping Lines Inc. (GS), a domestic freight liner based in Cebu, Philippines, has acquired four brand-new, heavy-duty tractor heads, each one capable…
The Latest
Changi airfreight contracts, SIA Cargo names new head
Singapore Changi Airport handled 3.5 percent less cargo in May this year versus the same period in 2012. In a press statement, Changi Airport…
P3 alliance to impact port industry greatly—Drewry
The recent decision of Maersk Line, MSC, and CMA CGM to form a mammoth vessel-sharing alliance in the three major east-west trades will have…
DHL Freight introduces GreenLink
Germany’s DHL Freight, the road freight unit of Deutsche Post DHL, is launching a global lead logistics provider (LLP) service under the new brand…
Logistics firm heightens Vietnam presence
Vanguard Logistics Services has set up new offices in Hanoi and Haiphong to bring to four its branches throughout Vietnam as it continues to…
Go Ahead, Buy That Tablet or Smartphone!
Preference tor tablets, smartphones reducing PC sales The signs are clear. Consumer preference for tablets and smartphones is expected to reduce PC sales this…
Indonesia to build its fourth largest maritime industrial zone
Indonesia has begun constructing the first phase of a maritime industrial zone project at the Batubalai Port in Tanggamus regency in Lampung, Sumatra. The…
Good regulatory practices will foster APEC’s growth—experts
Monitoring good regulatory practices and improving their implementation will help lift trade and investment barriers and spur regional growth in the Asia-Pacific Economic Cooperation…
New 13,208-TEU box ship named OOCL Chongqing
Orient Overseas Container Line has named its new 13,208-TEU container ship OOCL Chongqing. The newbuild, the third 13,208-TEU-class ship to be delivered to OOCL,…
Carriers hoping freight rate rally in July sticks
Container shipping costs have sunk to the depths of the last freight rate trough at the end of 2011, but carriers are hoping to…
Vietnam prioritizes 4 port projects
The Vietnam Maritime Bureau will focus on four key port and infrastructure projects from now until 2020 as part of its strategy to lift…
Cargo volume up slightly for Asian airlines
Asia-Pacific airlines saw just a marginal improvement in air cargo demand globally in May, according to statistics released by the Association of Asia Pacific…
FedEx reports 45% drop in Q4 profit
Memphis-based FedEx Corp. reported a net income of US$303 million for the fourth quarter ended May 31, 2013, down from the $550 million earned…
HK air cargo expanded 1.8% in May
Hong Kong International Airport (HKIA) reported a 1.8 percent growth in cargo movements in May year-over-year as export and transshipment volumes expanded. Airfreight volume…
P3 network alliance good for industry if not abused—Drewry
The P3 Network to be launched jointly in the second quarter of 2014 by Maersk Line, Mediterranean Shipping Co. (MSC), and CMA CGM will…
APEC to release guidelines for aligning industry standards
The Asia-Pacific Economic Cooperation (APEC) is pushing to align and synchronize industry standards and conformance requirements to improve the business environment and strengthen trade…
E-cargo partnerships key to competitiveness, says IATA
The International Air Transport Association (IATA) has called for strong partnerships among industry players to promote air cargo competitiveness through e-commerce technology. “An electronic…
Drewry: Box stock growth slowed in 2012
The world’s container fleet grew by 5.3 percent during 2012, adding 1.6 million TEUs (20-foot-equivalent units) to reach 32.9 million TEUs. This increase was…
Dragonair, Cathay Pacific passed another slow month
Cathay Pacific and Dragonair registered another year-on-year drop in its May 2013 cargo and mail throughput. The sister airlines under the Cathay Pacific Airways…
PH box liners upbeat about second half
Philippine shipping lines may not be forthcoming with operational numbers – which to all but a couple of listed companies seem to be closely…