Indonesia ports report 44.9% profit growth in first half

Indonesia Port Corporation (IPC), formerly Pelindo II, reaped profit before tax of…

New Asia-Red Sea loop to be launched

CMA CGM is launching a new direct service on the Asia-Red Sea…

DHL Supply Chain opens HK headquarters

DHL Supply Chain opened on July 16 its new MegaHub Hong Kong…

Ocean freight carriers announce rate hikes on Asia trade

Global box ships are poised to enforce rate hikes on Asia services…

Asia: Linchpin for global economic stability—IMF

Asia is a linchpin for global economic stability, and the region has…

UPS, TNT merger seen to be completed in fourth quarter 2012

United Parcel Service (UPS) said they expect the completion of their proposed…

DHL Express launches $175-M North Asia hub

DHL Express opened on July 12 its US$175 million North Asia Hub…

FedEx adds 2 more B777F flights to Asia Pacific-EU lane

FedEx Express (FedEx) has launched two additional Boeing 777F routes in Asia-Pacific,…

Direct weekly Asia-Africa service set to sail

CMA CGM and Delmas Shipping announced the launch of a new direct…

Hapag-Lloyd jacks up freight rates for East Asia-US trade

German ocean carrier Hapag-Lloyd said it will implement rate hikes for all…