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UPS 2013 earnings expected to fall short of target

A truncated holiday peak season, higher costs driven by record online shopping,…
  • January 22, 2014
  • 1 minute read

CSCL orders five 19,000-TEU box ships

China Shipping Container Lines (CSCL) is gunning to own the biggest container…
  • January 22, 2014
  • 1 minute read

Survey: firms challenged by growing interconnectivity of business risks

Business interruption and supply chain, natural catastrophes, and fire/explosion are the principal…
  • January 20, 2014
  • 3 minute read

FMC seeks more info on G6 expansion, extends review period

The U.S. Federal Maritime Commission (FMC) has requested additional information from the…
  • January 20, 2014
  • 2 minute read

MOL reshuffles Asia country heads

Mitsui O.S.K. Lines (MOL) has revamped its Asian middle-management team, announcing relocations…
  • January 20, 2014
  • 2 minute read

CMA CGM axes sailings on 3 Asia-Europe trade lanes

French shipping line CMA CGM said it will void sailings on the…
  • January 20, 2014
  • 3 minute read

Vietnam needs more reforms to reach industrialized status

The Vietnamese government has succeeded in reducing the country’s overall economic instability,…
  • January 17, 2014
  • 1 minute read

Evergreen to charter 10 more 14,000-TEU ships

Evergreen Line plans to charter 10 additional 14,000-TEU container ships as part…
  • January 17, 2014
  • 1 minute read

Ocean vessels now rely on cost cuts, not GRIs, for profit

With freight rates remaining weak despite bigger volumes carried, box ships no…
  • January 16, 2014
  • 2 minute read

HK airlines welcome gov’t vow to raise aviation edge as cargo traffic dips

Hong Kong sister airlines Cathay Pacific Airways and Dragonair lauded the recent…
  • January 16, 2014
  • 2 minute read