Pension charge pushes UPS earnings in Q4 southward

United Parcel Service (UPS) registered a net loss in the fourth quarter…

Global air cargo shrinks for second straight year—IATA

The year 2013 will not be a banner year for profitability for…

UPS formally drops takeover bid for TNT Express

U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn…

FedEx Trade Networks establishes presence in Thailand

FedEx Trade Networks, the global freight forwarding arm of FedEx Corp., has…

Korea, Malaysia ports achieve traffic growth in 2012

South Korea’s ports handled nearly 22.5 million 20-foot-equivalent units (TEUs) in 2012,…

Cambodia opens new container terminal

Cambodia’s Phnom Penh Autonomous Port (PPAP) opened a new container terminal on…

Box ships schedule March rate hikes on Asia-Europe loop

Global ocean carriers Orient Overseas Container Line (OOCL) and Hapag-Lloyd announced general…

Asia dominates emerging logistics hubs list

Even though global economic doldrums slowed emerging markets in 2012, they continue…

OOCL posts 6.7% revenue hike for 2012

Orient Overseas Container Line (OOCL), Hong Kong’s biggest box line, reported a…

Shanghai port’s 2012 box traffic reaches 32.5M TEUs

The Port of Shanghai, the world’s biggest container port, registered a 2.5…