APEC region boosted global FDI inflow in 2011

The APEC region’s foreign direct investment continued to regain ground in 2011…

Kerry Logistics plans new logistics center in Thailand

Kerry Logistics, a Hong Kong-based logistics company, has acquired a 55,000-square-meter piece…

Rickmers-Linie appoints Ulrichs managing director

Rickmers-Linie announced the promotion of Ulrich Ulrichs to the position of managing…

Indonesia unveils 6-port pendulum plan to cut costs, hasten traffic

The Indonesian government is planning to develop a sea corridor of six…

Hapag-Lloyd announces rate hikes and peak season surcharges

Hapag-Lloyd said it will implement a peak season surcharge (PSS) for all cargo…

Cai Mep terminal’s annual throughput to top 600,000 TEUs

Though operating for only a year, Cai Mep International Terminal (CMIT) in…

Malaysia modernizing Tanjung Pelepas port for coming mega-ships

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR1.4 billion (US$442 million)…

FedEx hikes cargo capacity for Malaysia with new freighter service

FedEx Express (FedEx) has launched an Airbus A300 freighter into Malaysia that…

International air cargo volume drops 1.9% in May

Global airfreight traffic in May was tugged downward by deteriorating global economic…

Container ships could reap $1.8-B profit in 2012

After losses of over US$6 billion in 2011 and an “appalling” first…