New warehouses boost Maersk’s logistics capacity in Vietnam

Three new facilities are coming into operation in Song Than in south…

Agility net profit up 28.7% to $41.9M in Q1

Agility’s net profit increased 28.7% to US$41.9 million in the first quarter…

PortCalls May 19, 2021

Our latest issue (PortCalls; May 19 2021.) Stories include: ARTA probes LGUs…

Air cargo volumes draw closer to pre-Covid levels but rates still rising

Air cargo volumes increased by 53% in April 2021 year-on-year but were…

TransPac container premium surcharges accelerate amid space shortage

Premium service surcharges have brought all-in rates above US$10,000 per FEU for…

PortCalls May 17, 2021

Our latest issue (PortCalls; May 17 2021.) Stories include: ARTA drafts circular…

Asian ports dominate ranks of world’s most efficient container ports

East Asian ports, led by Yokohama in Japan, dominate the Container Port…

Hapag-Lloyd reports $1.45B profit in first quarter

Net income improved to US$1.45 billion in the first quarter from $27…

Reefer freight prices escalate but still no match to dry freight rates

Weighted average of reefer freight rates jumped 26% in the first quarter…

Asia Pacific forwarding market to see fastest growth over five years

The regional freight forwarding market contracted by 8.5% last year Projected growth…