HKIA cargo traffic grows as Cathay Pacific tonnage slips

Hong Kong International Airport (HKIA) reported a 1.9 percent growth in cargo…

Survey: Global economy dims in Q2 but recovery possible

The world economy has weakened slightly this quarter, mainly due to declining…

Hapag-Lloyd announces more rate hikes for Asia services

Germany’s Hapag-Lloyd will  impose more freight rate hikes on Asia service routes…

Maersk Line collects $439 M in profit for Q2

Danish box carrier Maersk Line made a profit of US$439 million in…

Ocean carriers reverting to core port services

Carriers will be increasingly restricted to its core strength—providing port-to-port services—as they…

HK’s Cathay Pacific designates top execs

Cathay Pacific Airways has appointed its current chief executive, John Slosar, as…

K+N names Trefzger new CEO

Kuehne + Nagel (K+N) has appointed Dr. Detlef Trefzger as the new…

Higher profit for APM Terminals in weak market

Global port operator APM Terminals made US$179 million in profit for the…

What is the customs value of goods on consignment?

Scenario. ABC Singapore (ABC SGP) manufactures, distributes and sells branded consumer items…

Zest Air operations suspended over safety issues

PHILIPPINE aviation regulators suspended low-cost carrier Zest Air’s license on Aug. 16,…