Latest news on the shipping, logistics and cargo industry
First quarter yields profit for Panalpina
With strong performances in ocean freight and logistics, Swiss forwarder Panalpina started…
May 8, 2013
2 minute read
Mega-ship orders weakening rate hike resolve
New orders for ultra-large container vessels (ULCVs) are undermining attempts by carriers…
May 7, 2013
2 minute read
Improved South-Southeast Asia connectivity key to boosting trade—ADB
With newly opened Myanmar providing a land link, South Asia and Southeast…
May 7, 2013
2 minute read
HK port workers accept 9.8% pay hike, end standoff
Dock workers on strike at Hongkong International Terminals (HIT) agreed to a…
May 7, 2013
1 minute read
Maersk Line appoints Schueler as new CCO
Maersk Line has recruited Stephen Richard Schueler as chief commercial officer effective…
May 7, 2013
2 minute read
Small liners boxed out of east-west trades
Smaller container shipping lines are pulling out of the east-west trades, no…
May 3, 2013
2 minute read
CFO of OOIL steps down
Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned…
May 2, 2013
1 minute read
OOCL names new 13,208-TEU ship, CSCL to order 18,000-TEU vessels
Hong Kong-based Orient Overseas Container Line (OOCL) named its newly delivered 13,208-TEU…
May 1, 2013
1 minute read
E-commerce propels UPS 1Q earnings higher
A stronger than expected post-holiday season in January lifted United Parcel Service’s…
May 1, 2013
1 minute read
Asia-Pacific airfreight shrinks in March, says IATA
Global airfreight markets weakened in March, and the improvement in growth rates…
May 1, 2013
2 minute read
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