Global air cargo shrinks for second straight year—IATA

The year 2013 will not be a banner year for profitability for…

UPS formally drops takeover bid for TNT Express

U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn…

Vietnam opens $624-M Cai Mep-Thi Vai port

Vietnam opened January 28 the Cai Mep-Thi Vai International Ports, the country’s…

FedEx Trade Networks establishes presence in Thailand

FedEx Trade Networks, the global freight forwarding arm of FedEx Corp., has…

‘K’ Line upgrades intra-Asia slings

Kawasaki Kisen Kaisha (“K” Line) announced today it will upgrade its weekly…

Korea, Malaysia ports achieve traffic growth in 2012

South Korea’s ports handled nearly 22.5 million 20-foot-equivalent units (TEUs) in 2012,…

Agility opens new warehouse in Malaysia

Global logistics provider Agility has opened a state-of-the-art logistics center in Melaka…

AAT of HK records 11% traffic growth in December

Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong…

Cambodia opens new container terminal

Cambodia’s Phnom Penh Autonomous Port (PPAP) opened a new container terminal on…

IMF: Gradual global growth pickup in 2013

Global growth will strengthen gradually in 2013 to reach 3.5 percent in…