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Archive for May, 2013

A.R.T. Logistics introduces new intra-Asia multimodal service

A.R.T. Logistics introduces new intra-Asia multimodal service

May. 31 | Intra-Asia freight forwarder A.R.T. Logistics has launched a multimodal freight service connecting Southeast Asia’s Singapore, Malaysia, Indonesia, Vietnam, and Thailand to Central Asia. Cargo is moved by sea from the regional ports of Jakarta in Indonesia,...

BFF on Hapag-Lloyd’s Asia-North America services cut

BFF on Hapag-Lloyd’s Asia-North America services cut

May. 31 | Hapag-Lloyd announced the revision of the bunker fuel factor (BFF) for containers on the eastbound Asia-U.S. and Canada trade lane effective July 1. In an official release, the German ocean carrier said the BFF for all dry, reefer, flat-rack and open-top...

Vietnam’s Cai Mep box terminals eye alliance to survive

Vietnam’s Cai Mep box terminals eye alliance to survive

May. 31 | APM Terminals, which holds a 49 percent stake in the Cai Mep International Terminal in the Ba Ria-Vung Tau province of southeast Vietnam, has proposed to connect three terminals at the port complex under one common management. In a recent meeting with...

Global airfreight posts slight growth amid feeble demand

Global airfreight posts slight growth amid feeble demand

May. 30 | International airfreight markets in April showed modest expansion year-over-year, but it does not buck the 18-month trend of basically no growth in the cargo markets, said the International Air Transport Association (IATA). Air cargo volume rose 1.4 last...

DHL to spend $180 M for Southeast Asia expansion

DHL to spend $180 M for Southeast Asia expansion

May. 29 | DHL Supply Chain announced plans to invest EUR140 million (US$180 million) in Southeast Asia over two and a half years, starting with the opening of seven new facilities by the end of 2013. “We plan to double our size in the next two to three years....

TSA lines attempt another Asia-US rate hike in July

TSA lines attempt another Asia-US rate hike in July

May. 29 | Member-carriers in the Transpacific Stabilization Agreement (TSA) are recommending further general rate increases (GRIs) for all shipments on the Asia-U.S. trade lane from July, saying present rates do not adequately cover rising costs. TSA recommends...

Future looks ‘cloudy’ for Changi Airport, SIA parks freighter

Future looks ‘cloudy’ for Changi Airport, SIA parks freighter

May. 29 | Changi Airport Singapore handled 145,600 tonnes of cargo last month, 1.8 percent lower than in April a year ago. In the first four months of this year, cargo shipments at the airport decreased 2.1 percent to 579,600 tonnes from the same period last year. “After...

Maritime policy expert is new MARINA administrator

Maritime policy expert is new MARINA administrator

May. 28 | Newly appointed Philippine MARINA administrator Maximo Mejia An expert in maritime law and policy who spent 15 years teaching graduate studies at the World Maritime University (WMU) in Malmö, Sweden has been appointed as the new Administrator of the...

PH Customs pressed to fix e2m system glitch; stakeholders offer solutions

PH Customs pressed to fix e2m system glitch; stakeholders offer solutions

May. 28 | The system slowdown was blamed on, among other things, an overload in the database server and network timeouts or intermittent network connections. THE Philippine Bureau of Customs (BOC) is scrambling to fix a transaction backlog in the electronic-to-mobile...

PAL eyes $400M savings from refleeting, flights to Brazil by yearend

PAL eyes $400M savings from refleeting, flights to Brazil by yearend

May. 28 | PHILIPPINE Airlines (PAL) expects its massive refleeting program to lead to as much as $400 million in savings from fuel and maintenance costs per year. PAL president and chief operating officer Ramon S. Ang said the arrival of new aircraft will help...
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