Asia-US container lines stay focused on freight rates as market improves

Transpacific shipping lines have stepped up efforts to raise freight rates, seeking…

Asia seen to contribute one-third to Deutsche Post’s revenues by 2017

Deutsche Post DHL, the world’s leading postal and logistics group, said it…

Cathay Pacific to modernize fleet with bigger aircraft

Hong Kong’s Cathay Pacific Airways continues to modernize its fleet, announcing plans…

APEC region boosted global FDI inflow in 2011

The APEC region’s foreign direct investment continued to regain ground in 2011…

Kerry Logistics plans new logistics center in Thailand

Kerry Logistics, a Hong Kong-based logistics company, has acquired a 55,000-square-meter piece…

Rickmers-Linie appoints Ulrichs managing director

Rickmers-Linie announced the promotion of Ulrich Ulrichs to the position of managing…

Indonesia unveils 6-port pendulum plan to cut costs, hasten traffic

The Indonesian government is planning to develop a sea corridor of six…

Hapag-Lloyd announces rate hikes and peak season surcharges

Hapag-Lloyd said it will implement a peak season surcharge (PSS) for all cargo…

Cai Mep terminal’s annual throughput to top 600,000 TEUs

Though operating for only a year, Cai Mep International Terminal (CMIT) in…

Malaysia modernizing Tanjung Pelepas port for coming mega-ships

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR1.4 billion (US$442 million)…