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Latest news on the shipping, logistics and cargo industry

Agreement to help push PH exports to Japan

The Philippines must continue to ride on opportunities offered by its only…
  • February 22, 2012
  • 3 minute read

Maersk Line slashes capacity on Asia-Europe trade by 9%

Maersk Line, the world’s largest container shipping company, is cutting its vessel…
  • February 20, 2012
  • 3 minute read

Hong Kong air cargo traffic down 17% in January

Cargo throughput at the Hong Kong International Airport declined 17.5 percent to…
  • February 20, 2012
  • 1 minute read

TNT Express rejects proposed $6-B acquisition bid by UPS

Dutch package shipper TNT Express has rejected a EUR4.9 billion ($6.45 billion)…
  • February 20, 2012
  • 2 minute read

CMA CGM and Maersk Line in joint reshuffle of Asia-West Mediterranean services

CMA CGM announced on February 17 that it is reshuffling its services…
  • February 20, 2012
  • 1 minute read

CSAV net loss in 2011 hits $1.25 billion

Chile’s Compania Sud Americana de Vapores (CSAV) had a net loss of…
  • February 17, 2012
  • 1 minute read

Baria Serece Port in Vietnam sets record traffic

Vietnam’s Baria Serece Port posted a record throughput of 4.6 million tons…
  • February 17, 2012
  • 1 minute read

Survey shows Asian shippers dissatisfied with claims processing

Chilean shipping line CSAV garnered the top spot for overall performance in…
  • February 17, 2012
  • 1 minute read

CMA CGM unveils new freight rate hikes for March-May

French ocean carrier CMA CGM continues its rate restoration initiative, announcing its…
  • February 17, 2012
  • 2 minute read

Vale Group starts Subic transshipment operations

The Vale Group of Brazil recently commenced transshipment operations at the Subic…
  • February 17, 2012
  • 1 minute read