Hapag-Lloyd sets Far East-N Europe eastbound and westbound rate hikes

Hapag-Lloyd will implement general rate increases for all cargo and container types…

Asia-Europe box rates gain steam for third time

The westbound Asia-Europe box rates rose strongly last week, rising 19 percent…

Asian cargo carriers post revenue, traffic decline in 2011

Cargo revenues of Asia Pacific-based international cargo carriers fell by 1.4 percent…

Container truck drivers stage strike at Port Klang

Container truck drivers continued their strike at Port Klang in Malaysia to…

G6 Alliance drops plan for 7th Asia-Europe loop

The G6 Alliance announced on May 2 that it will not deploy…

TNT earnings rise in Q1 as acquisition by UPS looms

TNT Express reported first quarter profits of EUR16 million (US$21 million) compared…

High oil prices undermine airfreight demand growth

Air freight markets are now showing signs of “renewed expansion,” but steep…

Mindanao terminal box throughput up 5.5% in Q1

Container volume at the Mindanao Container Terminal (MCT) in Misamis Oriental southern…

Better trade to boost ATI volumes

Manila’s South Harbor operator Asian Terminals, Inc. (ATI) sees better cargo volume…

2GO books P626M loss in 2011

The 2GO Group, the Philippines’  largest shipping company, posted a net loss…