Asia

Asia

04 Aug 2015
U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year’s end, as the strong U.S. dollar continues to weigh on all American exports.
04 Aug 2015
The value of major global transportation acquisitions jumped 50 percent in the second quarter and rose 16 percent from the first quarter, as trucking and logistics firms reached across borders to buy their way into new markets and expand services.
04 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit soar in the first quarter of fiscal 2015 on the back of robust international revenue growth driven by the weak yen and increased air cargo traffic.
04 Aug 2015
Shippers moving containerized cargo between China and Central Europe and Central Asia can soon tap a new transport corridor connecting China, Kazakhstan and Azerbaijan via rail and a new seaport in the Azeri capital of Baku.
04 Aug 2015
The port-based logistics provider said it has acquired 48 acres adjacent to the Krishnapatnam port, near Chennai, for the construction of a new container freight station a month after the company kicked off a plan to build an inland container depot center at Viramgam, near Ahmedabad in Gujarat State.
03 Aug 2015
Woo Ye-jong has been tapped to lead the Port of Busan in its effort to become an even larger transshipment hub, succeeding Lim Ki-tack who has been elected as the International Maritime Organization's next secretary-general.
03 Aug 2015
The slowdown in China’s economy poses some risks for container shipping, according to Drewry Maritime Research.
03 Aug 2015
Contship Italia, Italy’s largest container terminal operator, has signed a strategic memorandum of understanding with Sina Port and Marine, Iran’s biggest port company, to take advantage of moves by the U.S. and the EU to ease sanctions following the nuclear deal with Tehran.
03 Aug 2015
Japanese international freight forwarder Yusen Logistics Co. returned to profit in the first quarter of fiscal 2015, which started April 1, thanks to robust revenue growth and the end of heavy losses caused by an antitrust lawsuit in the United States.
03 Aug 2015
Transport Corporation of India posted a 17.4 percent jump in net profit in the first fiscal quarter, primarily on the back of strong gains from its freight division.
01 Aug 2015
HONG KONG — Australia is preparing for a free trade agreement with its largest trading partner China that is se