TNT Express rejects proposed $6-B acquisition bid by UPS

Dutch package shipper TNT Express has rejected a EUR4.9 billion ($6.45 billion)…

CMA CGM and Maersk Line in joint reshuffle of Asia-West Mediterranean services

CMA CGM announced on February 17 that it is reshuffling its services…

CSAV net loss in 2011 hits $1.25 billion

Chile’s Compania Sud Americana de Vapores (CSAV) had a net loss of…

Baria Serece Port in Vietnam sets record traffic

Vietnam’s Baria Serece Port posted a record throughput of 4.6 million tons…

Survey shows Asian shippers dissatisfied with claims processing

Chilean shipping line CSAV garnered the top spot for overall performance in…

CMA CGM unveils new freight rate hikes for March-May

French ocean carrier CMA CGM continues its rate restoration initiative, announcing its…

Cosco announces rate adjustments effective March

General rate increase for trans-Pacific trade Cosco Container Lines would like to…

Tanjung Priok port handles its first 4,500-TEU ship

The Port of Tanjung Priok handled a ship with a capacity of…

T.S. Lines, Cosco partner for China-SE Asia service

Hong Kong’s T.S. Lines has partnered with China’s Cosco Container Lines in…

Rhenus Logistics centralizes Asia operations

The Rhenus roup announced it set up Rhenus Logistics Holding Asia Pte.…