Asia

Asia

30 Sep 2014
Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.
30 Sep 2014
The Philippines-based International Container Terminal Services, Inc. (ICTSI) will speed up construction of new yard facilities and an inland container depot at its flagship Manila terminal, boosting the yard capacity by more than 20 percent.
30 Sep 2014
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalise domestic package delivery will play out across the multi-billion dollar market dominated by a multitude of small low cost operators.
Old Dominion Freight Line drayage truck.
29 Sep 2014
Old Dominion Freight Line is expanding its U.S. intermodal drayage network at ports and inland railheads, strengthening the less-than-truckload carrier's connections with global shippers.
Energy
29 Sep 2014
Shippers need to think about end-to-end power costs, not just fuel prices, when designing supply chains, speakers at the CSCMP meeting said. Those costs, they warn, could become more volatile.
29 Sep 2014
Ocean container carrier Hamburg Sud is opening a sales office in Gandhidham, India, to cater to the needs of its regular ship calls at the growing ports of Mundra and Pipavav.
29 Sep 2014
Iran and Oman plan to launch a shipping line to boost maritime trade between the two countries by the end of the year.
29 Sep 2014
Chinese President Xi Jingping on Friday invited the strong Spanish construction sector to help build a planned freight line connecting eastern China and Spain.
29 Sep 2014
Large forwarders are less inclined to accept loss leading business and will turn down contracts rather than supply transport services at below break-even levels, according to logistics companies with strong Asia Pacific business.
29 Sep 2014
Busan Port handled 1.5 million 20-foot containers in August, its throughput growing 5.5 percent year-over-year on the back of strong transhipment volumes.
29 Sep 2014
Heavy investment in India by global car companies in the hope that the fast-growing market would soon rival China are faltering as car sales fall and the depreciating rupee pushes up costs, but the big brand carmakers such as Volkswagen, Ford and Renault-Nissan are now looking outwards.