Sunday, September 19, 2021

Monthly Archives: January, 2013

UPS formally drops takeover bid for TNT Express

U.S. package delivery giant United Parcel Service (UPS) announced it has withdrawn its offer to purchase Dutch rival TNT Express following the anticipated formal...

Vietnam opens $624-M Cai Mep-Thi Vai port

Vietnam opened January 28 the Cai Mep-Thi Vai International Ports, the country’s deepest and biggest port system located in the southern province of Ba...

FedEx Trade Networks establishes presence in Thailand

FedEx Trade Networks, the global freight forwarding arm of FedEx Corp., has opened an office in Bangkok, its first in Thailand, in  anticipation of...

‘K’ Line upgrades intra-Asia slings

Kawasaki Kisen Kaisha ("K" Line) announced today it will upgrade its weekly intra-Asia services JABCO-1 and JABCO-2 to provide better transit times between Japan...

Korea, Malaysia ports achieve traffic growth in 2012

South Korea’s ports handled nearly 22.5 million 20-foot-equivalent units (TEUs) in 2012, an increase of 4.1 percent from 2011, derived in part from strong...

Agility opens new warehouse in Malaysia

Global logistics provider Agility has opened a state-of-the-art logistics center in Melaka on the Malay Peninsula. This bonded warehouse will support a variety of industry...

AAT of HK records 11% traffic growth in December

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, set an 11 percent growth in throughput to 68,252 tonnes...

Cambodia opens new container terminal

Cambodia’s Phnom Penh Autonomous Port (PPAP) opened a new container terminal on January 22 in response to a sharp hike in shipments unloaded at...

IMF: Gradual global growth pickup in 2013

Global growth will strengthen gradually in 2013 to reach 3.5 percent in 2013, from 3.2 percent in 2012, as the downside risks on economic...

Box ships schedule March rate hikes on Asia-Europe loop

Global ocean carriers Orient Overseas Container Line (OOCL) and Hapag-Lloyd announced general rate hikes on the Asia-Europe trade come March. Hong Kong-based OOCL said a...
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