FedEx targets $1.7-B profit improvement by 2015

American parcel giant FedEx Corp. intends to improve its profitability by US$1.7…

Hapag-Lloyd revises Far East-South America route for winter

Hapag-Lloyd announced the revision of its Asia-South America East Coast (ASE) service…

WB: East Asia and Pacific set for slowdown in 2012, rebound in 2013

Sluggish exports will pull back economic growth this year in East Asia…

Damco buys PacNet to bolster Asia-Pacific clout

Damco, the logistics arm of A.P. Moller-Maersk, has signed a deal to…

Daily Maersk adds 6 more Asia-Europe slings

A year after introducing Daily Maersk, Danish shipping line Maersk Line said…

China Airlines Cargo joins SkyTeam alliance

Taiwan’s China Airlines Cargo announced that it joined the SkyTeam Cargo consortium…

MSC, Zim to boost rates on Far East-Europe routes

Mediterranean Shipping Co.  (MSC) and Zim Integrated Shipping announced general rate increases…

Land dispute stalls Indonesia’s Sorong Port development

Construction of Sorong Port in West Papua, Indonesia, initially planned to start…

ADB: Developing Asia not immune to world economic slump spillover

After years of rapid growth, developing Asia must brace for a prolonged…

FedEx launches $80-M regional cargo hub in Singapore

American air cargo transportation company FedEx Express opened on October 3 a new…