Panalpina profit slides 37% as Europe-Asia trade slows

Panalpina’s profit went down 37.5 percent year-over-year for the second quarter of…

Singapore Airlines books 73% net profit

Singapore Airlines (SIA) saw its net profit climb 73 percent to US$62…

First phase of Indonesia’s ‘pendulum’ program to cost $159 M

The Indonesian government will allocate IDR1.5 trillion (US$159 million) for the first…

Economic expert Kevin Warsh joins UPS board of directors

United Parcel Service (UPS) appointed Kevin M. Warsh, an economic and financial…

Indonesia’s port operators in talks to coordinate shipments

Indonesia’s state-owned port operator Indonesian Port Corporation (IPC) announced plans to establish…

CEVA’s new mobile app tracks shipments in real time

CEVA Logistics has launched its first mobile app, CEVA Mobile, to enable…

UPS misses 2Q target, lowers outlook

United Parcel Service (UPS) posted second-quarter earnings of US$1.12 billion this year,…

Malaysian ports’ container traffic rises to 10.3-M units in 1H2012

Cargo traffic at Malaysian ports rose to 10.3 million 20-foot equivalent unit…

Cargo volume at Changi Airport steady

Singapore Changi Airport reported that cargo movements were steady in June 2012,…

Subic Bay upgrading port facilities to fill looming capacity shortage in Asia

The Port of Subic Bay, with its strategic location in northern Philippines,…