Hanjin slates another Asia-Europe rate boost

South Korea’s Hanjin Shipping announced a second round of box rate hikes…

Restructuring deal in the works for Jade Cargo?

Jade Cargo International said it may enter into a restructuring deal with…

Damco profit rose 29% in 2011

Damco said its earnings before interest and tax (EBIT) improved by 29…

World Container Index shows 114% rise in Asia-Europe box rate

The March 1 Shanghai-to-Rotterdam container freight rate assessment from the World Container…

CMA CGM, Hapag-Lloyd announce new rate revisions

CMA CGM announced on March 1 revenue restorations on the Asia-Europe market,…

OOCL hiking Southeast Asia-Australia rates from April 1

Orient Overseas Container Line (OOCL) is increasing freight rates for traffic from…

APM Terminals says 2011 results ‘strongest ever’

APM Terminals (APMT) reported a revenue growth of 10 percent year-on-year and…

Global air cargo remains in doldrums, says IATA

International air freight demand fell 8 percent in January compared to the…

Rickmers-Linie expands China coverage

Rickmers-Linie, the Hamburg-based operator of heavy lift and project liner services, is expanding…

Bumpy road ahead for Philippine economy

The Philippine economy will continue to go through a rough patch this…