Kuehne + Nagel improves profit 4% in Jan-Sep amid margin pressures

International logistics service provider Kuehne + Nagel increased earnings by over 4.0%…

Maersk wins order for 4,000 new integrated reefers from Seatrade

Seatrade, a specialist in reefer services and the world’s largest specialized reefer…

HMM keen to acquire Hanjin’s Asia-US trade route

South Korea’s second leading ocean carrier Hyundai Merchant Marine Co. (HMM) is…

AsPac to propel demand as passenger growth predicted to double over 20 years

Air travelers worldwide are expected to grow almost 100% in number over…

Singapore non-oil domestic exports slip back to red

Singapore’s non-oil domestic exports (NODX) slid back to negative territory, dropping by…

Ports to take biggest hit from regional headwind—S&P

Asia-Pacific seaports are expected to bear the brunt of the cooling down…

Cathay Pacific undertakes critical business review amid industry challenges

Hong Kong flag carrier Cathay Pacific Airways said it is currently conducting…

HMM to get S Korean state support as Hanjin asset sale starts

The South Korean government wants to prop up Hyundai Merchant Marine (HMM)…

Singapore GDP growth slows to 0.6% as manufacturing slumps

The Singapore economy grew by 0.6% year-on-year in the third quarter of…

Draft order sets up rules on establishment of customs bonded warehouses in PH

The recently released draft rules governing customs bonded warehouses (CBWs) and customs…