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Latest news on the shipping, logistics and cargo industry

Frontier Asia is next-gen emerging market—IMF

Asian frontier economies are poised to join the ranks of emerging markets,…
  • February 4, 2013
  • 2 minute read

Changi Airport volume dips 3.2% in 2012

Singapore Changi Airport saw its cargo volumes decline 3.2 percent to 1.81…
  • February 3, 2013
  • 1 minute read

Pension charge pushes UPS earnings in Q4 southward

United Parcel Service (UPS) registered a net loss in the fourth quarter…
  • February 3, 2013
  • 2 minute read

Global air cargo shrinks for second straight year—IATA

The year 2013 will not be a banner year for profitability for…
  • February 1, 2013
  • 2 minute read

UPS formally drops takeover bid for TNT Express

U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn…
  • January 31, 2013
  • 1 minute read

Vietnam opens $624-M Cai Mep-Thi Vai port

Vietnam opened January 28 the Cai Mep-Thi Vai International Ports, the country’s…
  • January 30, 2013
  • 1 minute read

FedEx Trade Networks establishes presence in Thailand

FedEx Trade Networks, the global freight forwarding arm of FedEx Corp., has…
  • January 30, 2013
  • 1 minute read

‘K’ Line upgrades intra-Asia slings

Kawasaki Kisen Kaisha (“K” Line) announced today it will upgrade its weekly…
  • January 28, 2013
  • 1 minute read

Korea, Malaysia ports achieve traffic growth in 2012

South Korea’s ports handled nearly 22.5 million 20-foot-equivalent units (TEUs) in 2012,…
  • January 28, 2013
  • 2 minute read

AAT of HK records 11% traffic growth in December

Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong…
  • January 28, 2013
  • 1 minute read