Latest news on the shipping, logistics and cargo industry
Maersk Line to increase Asia-Europe rates a second time
Danish container shipper Maersk Line announced a second rate hike this year…
February 27, 2012
1 minute read
CMA CGM announces revenue restoration program
CMA CGM announced on February 23 its new general rate increases and…
February 27, 2012
1 minute read
Asia cargo traffic drops 13% from ‘persistently’ weak trade
International air freight demand fell by 13.7 percent in January compared to…
February 27, 2012
1 minute read
Singapore Airlines makes 20% cargo capacity cut
Singapore Airlines (SIA) has implemented a 20 percent freighter capacity reduction as…
February 24, 2012
1 minute read
NOL reports $478 million loss in 2011
Singapore-based Neptune Orient Lines (NOL) announced a net loss of US$478 million in…
February 24, 2012
2 minute read
Indonesia port operator Pelindo II books 33% jump in net income
Indonesia’s state-owned port operator PT Pelabuhan Indonesia II (Pelindo II) achieved a…
February 24, 2012
1 minute read
New China-Bangkok joint service from OOCL and RCL
Hong Kong-based Orient Overseas Container Line (OOCL) announced a partnership with Thailand’s…
February 24, 2012
1 minute read
Three PH ports to get P500M upgrade
The Philippine Department of Transportation and Communications (DOTC) is allotting P500 million…
February 23, 2012
1 minute read
North Harbor operator enjoys income tax holiday
The Philippine Board of Investment recently granted pioneer status to Manila North…
February 23, 2012
1 minute read
TNT Express changes strategy after massive losses in 2011
Netherlands-based TNT Express said it plans to concentrate on its core European…
February 22, 2012
2 minute read
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