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Latest news on the shipping, logistics and cargo industry

Box lines to impose rate hikes on Asia lanes

Hong Kong-based Orient Overseas Container Line (OOCL) is planning a revenue restoration…
  • November 15, 2013
  • 1 minute read

Maersk Line pockets $554-M profit in Q3 on cost savings

Danish shipping line Maersk Line made a profit of US$554 million in…
  • November 15, 2013
  • 2 minute read

Record traffic, strong profit for APM Terminals in Q3

APM Terminals handled 9.3 million TEUs (20-foot-equivalent units) during the third quarter…
  • November 15, 2013
  • 1 minute read

DHL opens latest Asia freight hub in Tanjung Pelepas

Air and ocean freight specialist DHL Global Forwarding has unveiled its new…
  • November 15, 2013
  • 2 minute read

ICTSI net income jumps 22% in first three quarters

Listed Philippine port operator International Container Terminal Services, Inc. (ICTSI) reported double-digit…
  • November 14, 2013
  • 3 minute read

PH cargo volume up almost 3% in first eight months

The Philippines’ total cargo throughput continues to improve, reaching 132.36 million metric…
  • November 14, 2013
  • 2 minute read

Developing Asia predicted to grow 4.6% in 2014

Emerging markets including developing Asia will continue to outpace advanced economies in…
  • November 13, 2013
  • 4 minute read

K+N introduces new global sales and marketing chief

Kuehne + Nagel (K+N) has appointed Reinhard Schullerus as head of global…
  • November 13, 2013
  • 1 minute read

IPA seals pact with PSA to develop S. Korea’s Incheon Port

Incheon Port Authority (IPA) of South Korea and Singapore-based PSA International (PSA)…
  • November 13, 2013
  • 1 minute read

Hapag-Lloyd carved $22-M profit in Q3 due to cost cutting

Despite what it described as the industry’s “irrational behaviour” that was causing…
  • November 13, 2013
  • 2 minute read