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Latest news on the shipping, logistics and cargo industry

Asia airlines register 3.4% cargo reduction in 2012

Asia-Pacific airlines encountered weaker market conditions last year that led to a…
  • February 7, 2013
  • 1 minute read

Zim revamps Asia-Med/Europe service

Israeli shipping line Zim Integrated Shipping Services announced it will restructure its…
  • February 7, 2013
  • 1 minute read

Hapag-Lloyd announces new rate hikes, services for Asia trade

Hapag-Lloyd will increase freight rates effective April 1 for all dry, reefer,…
  • February 6, 2013
  • 1 minute read

G6 Alliance extends tie-up to trans-Pacific trade

The six member-carriers of the G6 Alliance have agreed to expand their…
  • February 6, 2013
  • 2 minute read

TSA eyes April rate hikes as contract talks begin

Member lines in the Transpacific Stabilization Agreement (TSA) are seeking an across-the-board…
  • February 5, 2013
  • 2 minute read

ICTSI wins bid for Honduras terminal

Manila-based International Container Terminal Services, Inc. (ICTSI) has won the bid to…
  • February 4, 2013
  • 1 minute read

MOL sees red, but NYK and ‘K’ Line swing into black

Mitsui O.S.K. Lines (MOL) revised downward its earlier forecast of its net…
  • February 4, 2013
  • 2 minute read

Frontier Asia is next-gen emerging market—IMF

Asian frontier economies are poised to join the ranks of emerging markets,…
  • February 4, 2013
  • 2 minute read

Changi Airport volume dips 3.2% in 2012

Singapore Changi Airport saw its cargo volumes decline 3.2 percent to 1.81…
  • February 3, 2013
  • 1 minute read

Pension charge pushes UPS earnings in Q4 southward

United Parcel Service (UPS) registered a net loss in the fourth quarter…
  • February 3, 2013
  • 2 minute read