Global container shipping lines APL and Hanjin Shipping have teamed up to launch a new weekly service in mid-December expanding their intra-Asia reach. The…
Hanjin, APL launch new Japan-Thailand sling
The Latest
ASEAN collaborates with EU to integrate Asia trade stats
Representatives of the Association of Southeast Asian Nations and the European Union met late last month in Indonesia to mark the close of the…
Air Canada expands service in Asia
Air Canada announced it is expanding its service across the Asia-Pacific with additional flights to South Korea, China, and Japan, starting mid-2013. It will…
FedEx ground, home delivery rates to rise 4.9% in 2013
FedEx Corp. announced it will hike its rates for ground shipping and home delivery services by a net average of 4.9 percent, effective January…
Kuehne + Nagel hires new head for contract logistics
Swiss forwarder Kuehne + Nagel has appointed Dr. Detlef Trefzger as a new member of the management board, taking over from March 1, 2013…
PH daytime truck ban proposal on hold
Following opposition from truckers’ groups, the Metro Manila Development Authority (MMDA) has put on hold implementation of a proposed December 3 to 26 daytime…
SCMAP 2012 In Bullet Points
By: Ike Castillo – President SCMAP-2012; President & COO – Fast Logistics As the year winds up, we again have a guest columnist. He…
The Peso’s Rampage
The coalition of dollar earners and their allies were meeting at the Philippine Exporters Confederation, Inc. boardroom last Wednesday when the peso-dollar rate hit…
US-Asia refrigerated rates to rise in Jan
Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have individually announced a series of general rate increases (GRIs) on refrigerated cargo moving…
Drewry: Bleak prospects await global shipbuilders from 2013
The world’s shipbuilders are facing bleak prospects in the next couple of years as a result of the slump in the shipping market, and…
UPS, TNT Express submit offer of remedies to EC
United Parcel Service and TNT Express today said they have submitted the offer of remedies that is one of the requirements for obtaining competition…
Slack world demand hitting Asian airlines hardest
Asia-Pacific carriers are the most affected by the continued decline in global airfreight traffic as demand for Asian exports kept its downward trajectory in…
Zim rallies with $16-M net profit in Q3
Israel-based Zim Integrated Shipping Services rebounded from a US$66 million net loss in the third quarter of 2011 with a net profit of $16…
Globalization today lower than pre-crisis peak, says DHL study
Despite modest gains since 2009, global connectedness has yet to recapture its pre-crisis peak, the slowdown in globalization a detriment to economic growth, according…
New law prioritizes Vietnam shipping lines for local routes
As the new law temporarily barring foreign ships from operating on local routes nears enforcement, doubts have sprung about the capability of Vietnam’s domestic…
Revenue, profit growth for HKIA in first half
Hong Kong International Airport (HKIA) saw revenue rise 8 percent to HK$6.4 billion (US$825 million) and profit by 13.1 percent to HK$2.75 billion in…
Carriers file with FMC for single transpacific agreement
The members of the Transpacific Stabilization Agreement (TSA) have filed an amendment with the U.S. Federal Maritime Commission (FMC) that would expand TSA’s scope…
TSA lines simplify fuel surcharge structure
Beginning January 1, 2013, intermodal freight shippers in the Asia-U.S. container trade will begin paying a single, consolidated bunker surcharge that incorporates components for…
PH cargo volume up 4.74%
A strong export sector pushed Philippine cargo throughput to 140.209 million metric tons (mmt) in the first three quarters of the year from 133.860…
P259M PH shipyard gets incentives
The Philippine Board of Investments (BOI) recently approved the grant of fiscal incentives to a Filipino-owned shipyard that will start commercial operations in June…
