Latest news on the shipping, logistics and cargo industry
Myanmar set for economic takeoff with right policies—IMF
Myanmar’s new government faces a historic opportunity to jump-start the country’s economic…
May 9, 2012
2 minute read
CEVA chalks up 7% profit loss despite higher revenue from contract logistics
CEVA Logistics reported a 2 percent increase in its first quarter revenue…
May 9, 2012
1 minute read
TSA lines recommend peak season surcharge for 2012-13
Oakland, CA – Transpacific Stabilization Agreement (TSA) member lines are recommending a…
May 9, 2012
1 minute read
NYK kicks off Thailand-Vietnam-Canton loop with RCL
Japan-based Nippon Yusen Kaisha (NYK) is ceasing its Thailand–Vietnam–Singapore (TVS) joint service…
May 9, 2012
1 minute read
US-Asia lines recommend seasonal rate actions on proteins, hides
Oakland, CA– Container lines operating in the U.S.-Asia trade lane have proposed…
May 9, 2012
1 minute read
ICTSI Singapore subsidiary buys Indonesian company
Manila-based port operator International Container Terminal Services, Inc (ICTSI) has acquired an…
May 8, 2012
1 minute read
EU fine turns Panalpina operating profit into $43 million loss
The EU and Swiss antitrust fines of CHF59 million (US$64 million) levied…
May 7, 2012
1 minute read
Hapag-Lloyd sets Far East-N Europe eastbound and westbound rate hikes
Hapag-Lloyd will implement general rate increases for all cargo and container types…
May 7, 2012
1 minute read
Asia-Europe box rates gain steam for third time
The westbound Asia-Europe box rates rose strongly last week, rising 19 percent…
May 7, 2012
2 minute read
Asian cargo carriers post revenue, traffic decline in 2011
Cargo revenues of Asia Pacific-based international cargo carriers fell by 1.4 percent…
May 4, 2012
1 minute read
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