Latest news on the shipping, logistics and cargo industry
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…
August 1, 2012
1 minute read
Singapore Airlines books 73% net profit
Singapore Airlines (SIA) saw its net profit climb 73 percent to US$62…
July 30, 2012
1 minute read
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…
July 30, 2012
1 minute read
Economic expert Kevin Warsh joins UPS board of directors
United Parcel Service (UPS) appointed Kevin M. Warsh, an economic and financial…
July 30, 2012
2 minute read
Indonesia’s port operators in talks to coordinate shipments
Indonesia’s state-owned port operator Indonesian Port Corporation (IPC) announced plans to establish…
July 26, 2012
2 minute read
CEVA’s new mobile app tracks shipments in real time
CEVA Logistics has launched its first mobile app, CEVA Mobile, to enable…
July 26, 2012
1 minute read
UPS misses 2Q target, lowers outlook
United Parcel Service (UPS) posted second-quarter earnings of US$1.12 billion this year,…
July 25, 2012
2 minute read
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…
July 25, 2012
1 minute read
Cargo volume at Changi Airport steady
Singapore Changi Airport reported that cargo movements were steady in June 2012,…
July 25, 2012
1 minute read
Subic Bay upgrading port facilities to fill looming capacity shortage in Asia
The Port of Subic Bay, with its strategic location in northern Philippines,…
July 23, 2012
4 minute read
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