Kuehne + Nagel gains, Panalpina loses in Q3

Supply chain company Kuehne + Nagel said turnover grew by 12.4 percent…

Container lines need further slow steaming, capacity idling to see profit

Profitability for the container shipping industry will remain elusive if carriers refuse…

Maersk Line cuts Asia-Europe capacity anew

After cutting capacity on the Asia-Europe trade early this year, Maersk Line…

IMF: Export slide to temper Asia’s 2012 growth

Asia will grow an average of 5-1/2 percent this year, down from…

Box carriers’ losses ‘self-inflicted’—report

Container ships’ losses in 2011 and continued struggles in 2012 are primarily…

Rapid industrialization catalyzes demand for protective footwear in Asia Pacific, says study

Increasing labor and production costs have forced many manufacturing giants to relocate…

FedEx targets $1.7-B profit improvement by 2015

American parcel giant FedEx Corp. intends to improve its profitability by US$1.7…

Hapag-Lloyd revises Far East-South America route for winter

Hapag-Lloyd announced the revision of its Asia-South America East Coast (ASE) service…

WB: East Asia and Pacific set for slowdown in 2012, rebound in 2013

Sluggish exports will pull back economic growth this year in East Asia…

Damco buys PacNet to bolster Asia-Pacific clout

Damco, the logistics arm of A.P. Moller-Maersk, has signed a deal to…