Hapag-Lloyd registers $38-M net loss

German ocean carrier Hapag-Lloyd recorded a net loss of US$38 million in…

Terminals urged to prepare for ultra-large ships

Port and terminal operators should prepare now for the arrival of future-generation…

DHL to offer new round-the-world flight boosting Asia-US services

Germany’s DHL Express announced the launch of a new round-the-world flight connecting…

Cosco, Hanjin kick off Far East-Gulf of Mexico trade

China-based Cosco Container Lines and Korea’s Hanjin Shipping announced on March 21 the launch…

Singapore still the world’s busiest port

Singapore has retained its position as the world’s busiest port in 2011…

IATA cuts industry forecast due to ‘toxic’ oil prices

The International Air Transport Association (IATA) downgraded its global industry outlook for…

Changi Airport cargo traffic rebounds in February

Cargo movements at Singapore Changi Airport, which decreased 7.1 percent in January…

UPS to acquire TNT Express for $6.77 billion

United Parcel Service (UPS) has agreed to pay TNT Express EUR9.50 per…

Hapag-Lloyd sets April 15 rate hikes for East Asia lanes

Hamburg-based Hapag-Lloyd released a series of announcements on its upcoming rate increases…

HKIA cargo traffic up in February

Cargo traffic at the Hong Kong International Airport (HKIA) recorded a double-digit…