Maersk Line rakes in profit in Q3, lifts outlook for full year

The world’s leading ocean carrier Maersk Line boosted its profit to US$685…

Indonesian exports gaining momentum as year-end nears

Indonesia’s exports in September 2014 strengthened to US$15.3 billion, up 5.5% compared…

Global air cargo market shows resilience amid rocky economic recovery

International freight volumes jumped 6.5% in September year-on-year as global demand continues…

NYK to open first direct Subic-Singapore service

Japanese carrier Nippon Yusen Kaisha (NYK) will launch an ad-hoc call that…

Indonesia’s President Widodo plans $6-B port upgrade to lift GDP

The Indonesian government has disclosed plans to spend US$6 billion to modernize…

ASEAN developing pilot customs transit facilitation system

The Association of Southeast Asian Nations (ASEAN) has begun developing a pilot…

HK airport to proceed with third runway after environmental clearance

Airport Authority Hong Kong (AA) said it will go ahead with constructing…

Westports garners 33% profit hike as container traffic booms

Profit after tax of Malaysia’s Westports Holdings Bhd surged 33% to MYR141…

World economy to grow ‘modest’ 3.7% in 2015 and 3.9% in 2016—OECD

Global GDP growth continues to fall below expectations and is seen to…

DHL, Cathay open more intra-Asia flights to emerging markets

Global transport companies continue to show strong interest in the growing intra-Asia…