Cathay Pacific to modernize fleet with bigger aircraft

Hong Kong’s Cathay Pacific Airways continues to modernize its fleet, announcing plans…

APEC region boosted global FDI inflow in 2011

The APEC region’s foreign direct investment continued to regain ground in 2011…

Kerry Logistics plans new logistics center in Thailand

Kerry Logistics, a Hong Kong-based logistics company, has acquired a 55,000-square-meter piece…

Rickmers-Linie appoints Ulrichs managing director

Rickmers-Linie announced the promotion of Ulrich Ulrichs to the position of managing…

Indonesia unveils 6-port pendulum plan to cut costs, hasten traffic

The Indonesian government is planning to develop a sea corridor of six…

Hapag-Lloyd announces rate hikes and peak season surcharges

Hapag-Lloyd said it will implement a peak season surcharge (PSS) for all cargo…

Cai Mep terminal’s annual throughput to top 600,000 TEUs

Though operating for only a year, Cai Mep International Terminal (CMIT) in…

Malaysia modernizing Tanjung Pelepas port for coming mega-ships

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR1.4 billion (US$442 million)…

FedEx hikes cargo capacity for Malaysia with new freighter service

FedEx Express (FedEx) has launched an Airbus A300 freighter into Malaysia that…

International air cargo volume drops 1.9% in May

Global airfreight traffic in May was tugged downward by deteriorating global economic…