Maersk Line swings to black in 2012

Danish shipping giant Maersk Line pocketed US$461 million in profit in 2012…

UPS expands Worldwide Expedited service area

United Parcel Service (UPS) has tripled the coverage area of its Worldwide…

Cathay Pacific’s new HK cargo hub partially opens

The new Cathay Pacific Cargo Terminal at Hong Kong International Airport started…

UPS, FedEx show support for US-EU trade pact

American package delivery giants United Parcel Service (UPS) and FedEx Express both…

Airfreight growth came to overall halt in 2012

Global airfreight demand dropped by 2 percent in 2012 year-over-year, with more…

UPS introduces 300 new freight lanes in 2012

United Parcel Service (UPS) expanded its direct less-than-container-load (LCL) network by more…

CCO Lucas Vos leaves Maersk Line

Maersk Line’s chief commercial officer, Lucas Vos, has turned in his resignation,…

APEC eyes infrastructure development to connect regional growth centers

Senior officials of the Asia-Pacific Economic Cooperation met in Jakarta, Indonesia, this…

Zim revamps Asia-Med/Europe service

Israeli shipping line Zim Integrated Shipping Services announced it will restructure its…

TSA eyes April rate hikes as contract talks begin

Member lines in the Transpacific Stabilization Agreement (TSA) are seeking an across-the-board…