Asia

Asia

29 Jul 2015
Russia aims to septuple container volume through Crimean ports by spending more than $100 million on terminals and reducing tariffs on shipments to the region that has been a geopolitical flashpoint since its annexation.
29 Jul 2015
ANA Holdings Inc. saw its group net profit more than double year-over-year in the first quarter of fiscal 2015, which started in April, despite weaker revenue from cargo operations.
29 Jul 2015
All of the major public ports in India will soon set up a green channel for the clearance of coastal cargo, another initiative by the Narendra Modi-led government to reduce supply chain bottlenecks.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.
28 Jul 2015
DP World posted a 4.2 percent increase in container traffic in the first half of the year, driven largely by strong growth at its terminals in Europe and the United Arab Emirates.
28 Jul 2015
Airlines flying cargo between China and Europe will be hit hardest by Beijing’s One Belt, One Road trade strategy as the land bridge rail route proves too attractively priced to ignore, believes Steve Flowers, head of global freight forwarding at UPS.
28 Jul 2015
No decision yet has been made on whether Hong Kong’s Competition Commission will grant the liner industry a block exemption from new rules to be enforced from December that will effectively render container shipping activity illegal.
27 Jul 2015
The operators of the first containerized rail train from China to the Port of Rotterdam will be followed by others in August and September, another sign of growing Asia-Europe rail momentum.
27 Jul 2015
Container trade at Russian seaports continues to decline as the first half of 2015 saw container traffic in Russia’s maritime basins decline anywhere from 12 to 32 percent year-over-year.
27 Jul 2015
Minor ports in India continue to rapidly gain market share on their major public rivals, thanks to aggressive marketing efforts and cargo diversions, with the newest data obtained by JOC.com showing so-called non-major cargo terminals recorded double-digit year-over-year container growth fiscal year 2014-15, which ended March 31.