FedEx earns 12% less in Q2 as Sandy impacts volume, costs

FedEx posted a net income of US$438 million, or earnings of $1.39…

Transporeon enters Asian market with new Singapore HQ

E-logistics sister companies Transporeon and Ticontract have established a local presence in…

Hapag-Lloyd boosts East Asia-North America box rates

Hapag-Lloyd announced a round of general rate increases (GRIs) on the East…

Zim’s Far East-Europe rates to rise effective January

A general rate restoration on the Asia-westbound trades is scheduled for implementation…

IMF: Asia to grow 6% in 2013, but risks ‘considerable’

After a subdued performance in 2012, Asia’s economy is set to gain…

Rickmers-Linie to take delivery of two newbuildings

Rickmers-Linie is to take delivery of two 20,000dwt newbuildings in 2015, built…

Hanjin unveils Singapore-West Australia service

South Korea’s largest shipping line Hanjin Shipping is introducing a Singapore-West Australia…

Emergency bunker surcharge on Vietnam cargo slashed

A lower emergency bunker surcharge (EBS) will be applied to all outbound…

HK airfreight sets new monthly record in November

Hong Kong International Airport (HKIA) has sustained the uptick in cargo traffic…

Busan Port, PSA forge strategic partnership

Busan Port Authority (BPA) and PSA International (PSA) signed a memorandum of…