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…

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U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn…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