The European Commission fined 13 major logistics companies a total of EUR169 million (US$225 million) for participating in four distinct cartels from 2002 to...
Germany’s Hapag-Lloyd announced a rate increase of US$400 per 20-foot equivalent unit (TEU) on the Far East westbound trade effective May 1.
The Hamburg-based ocean...
Singapore’s Changi Airport Group (CAG) has laid down a nearly US$12-million (SGD15 million) cargo incentive package to lift airfreight traffic.
The package, part of its...
The Confederation of Truckers Association of the Philippines (CTAP) is seeking indefinite moratorium on the apprehension of trailers or chassis sporting white plates.
Such apprehensions...
LBC Express, Inc was the Philippines’ leading domestic airfreight forwarder in 2011, based on latest statistics from the Civil Aeronautics Board (CAB).
LBC Express accounted...
A.P. Moller-Maersk, the Danish shipping and energy conglomerate, said CEO Nils Smedegaard Andersen has extended his sick leave for six to eight weeks more,...
APM Terminals (APMT) in its 2011 Sustainability Report said it continues to improve its sustainability performance throughout the company’s global port, terminal, and inland...
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