Cebu Pacific income drops 48% in 2011

Philippine budget carrier Cebu Pacific (CEB) reported a 47.6% dip in 2011…

Jan PH exports rise 3%

Philippine exports rebounded in January, rising 3% to $4.121 billion from $4…

UPS to acquire TNT Express for $6.77 billion

United Parcel Service (UPS) has agreed to pay TNT Express EUR9.50 per…

Hapag-Lloyd sets April 15 rate hikes for East Asia lanes

Hamburg-based Hapag-Lloyd released a series of announcements on its upcoming rate increases…

HKIA cargo traffic up in February

Cargo traffic at the Hong Kong International Airport (HKIA) recorded a double-digit…

APMT opens Hong Kong office to expand Asia presence

Global port operator APM Terminals (APMT) has opened a Hong Kong office…

UPS, TNT in ‘constructive discussions’

Atlanta-based United Parcel Service (UPS) said it remains in “constructive discussions” with…

CEVA launches 3 LCL lanes from Asia to Australia

The Netherlands-based logistics giant CEVA Logistics has launched three less-than-container load (LCL)…

Greencarrier Freight Services to cooperate with Ekol Logistics

Greencarrier Freight Services has signed a cooperation agreement with Turkey’s leading logistics…

ICTSI to operate Nigeria container terminal

Singapore – Lekki Port LFTZ Enterprise (LPLE) and International Container Terminal Services,…