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Latest news on the shipping, logistics and cargo industry

MOL sees red, but NYK and ‘K’ Line swing into black

Mitsui O.S.K. Lines (MOL) revised downward its earlier forecast of its net…
  • February 4, 2013
  • 2 minute read

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U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn…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