Myanmar could follow Asia’s fast-growing economies and expand at 7 percent to 8 percent a year, become a middle-income nation, and triple per capita…
Myanmar can be Asia’s next rising star—ADB
The Latest
ASEAN world’s 6th biggest auto market by 2018
The Association of Southeast Asian Nations (ASEAN) region will be the sixth biggest automotive market globally by 2018, with Thailand and Indonesia leading the…
SIA Cargo adds Brazil to freighter network
Singapore Airlines (SIA) Cargo has launched its first scheduled freighter service to Sao Paulo in Brazil, as it added South America to its freighter network.…
NOL appoints former PwC official to board
Neptune Orient Lines (NOL) yesterday named former PricewaterhouseCoopers Singapore Deputy Chairman Quek See Tiat to its board of directors. The Singapore-based transportation and logistics…
Logistics firms install new warehouses in NZ
Two European logistics companies have opened warehouse complexes in Auckland, New Zealand. Netherlands-based CEVA Logistics opened a multi-user warehouse facility in Auckland on August…
Hapag-Lloyd rates for Far East services to increase
Hapag-Lloyd will implement a series of general rate increases (GRIs) on its East Asia routes as part of its rate restoration program. The GRIs…
Global air cargo traffic rebounds in June
International airfreight traffic made an overall gain of 1 percent year-over- year in June 2012, even as a slight decline in cargo volume was…
Hapag-Lloyd trims net loss for Q2
Hapag-Lloyd registered a net loss of US$9 million (EUR7.3 million) in the second quarter of the year, a better performance from its $13.1 million…
Evergreen Line expanding into Myanmar
Evergreen Line of Taiwan announced a new feeder service into Myanmar, to be launched in late August. The new Straits-Yangon service (SYS) will connect…
Panama government approves canal toll increases
Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of…
AAHK receives study brief for HK runway expansion
Airport Authority Hong Kong (AAHK) and sister carriers Cathay Pacific Airways and Dragonair welcomed the issuance of the Study Brief for the Environmental Impact…
Vessels set new record for on-time reliability
Ships’ on-time performance reached a record high of 75.7 percent in the second quarter of 2012, up 3.4 percent from the first quarter of…
MCC kicks off weekly Southeast Asia service
Intra-Asia specialist MCC Transport announced the launch this month of its Intra Asia 3 Service, (IA-3), a new weekly service linking Muara (Brunei), Kota…
PH domestic airfreight volume hits 6 million kg in Q1
Total domestic airfreight volume in the Philippines reached 6.013 million kilograms for the first quarter, according to a report from the Civil Aeronautics Board…
Poor road conditions hamper PH truck operations
Last week’s monsoon rains that flooded 80% of Metro Manila in the Philippines as well as nearby provinces have taken its toll on the…
ICTSI formally signs Nigeria terminal deal
Philippine-based International Container Terminal Services, Inc (ICTSI) and Lekki Port LFTZ Enterprise (LPLE) recently formally signed the sub-concession agreement for the development and operation…
Salute to Excellence Update
Flash! Conference Sponsorships Still Available. Inquire at scmap.org@gmail.com Today we follow the progress of this year’s Salute to Supply Chain Excellence competition. What…
Panalpina appoints Angwin as CIO
Panalpina, one of the world’s leading providers of supply chain solutions, has appointed Rod Angwin as its Chief Information Officer (CIO). Angwin has over…
Swire Shipping launches direct Asia-Australasia loop
Swire Shipping, the liner shipping division of The China Navigation Company, has launched a new direct Asia Pacific-Australasia (APA) service that will operate from…
Cathay Pacific tumbles in first half
Cathay Pacific Airways reported a net loss of HK$935 million ((US$120.6 million) for the first six months of 2012, down 133.3 percent from a…
