Asia

08 Feb 2016
Russia’s First Deputy Prime Minister Igor Shuvalov has issued an order to the Russian Federal Customs Service to significantly streamline customs clearance procedures with the aim of speeding cargo handling at Russia’s borders and seaports.
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
08 Feb 2016
Gateway Distriparks Ltd., India’s leading port-based logistics provider, recorded a 43 percent fall in its net earnings during the third fiscal quarter, hit by slowing container volumes resulting from sluggish demand and supply chain disruptions caused by foul weather in Chennai in early December.
08 Feb 2016
Tight cost controls coupled with low fuel prices helped trucking giant Transport Corporation of India post healthy results in the third fiscal quarter, according to a company filing with the Bombay Stock Exchange.
05 Feb 2016
Singapore Post’s steady expansion into e-commerce and logistics lifted the company’s nine-month net profit by almost 18 percent to $101.9 million from April through October, with 40 percent of the revenue coming from overseas.
05 Feb 2016
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
05 Feb 2016
South Korea’s Hanjin Shipping has introduced a new container service at Krishnapatnam Port, a fast-growing alternative, minor, cargo gateway on India’s southeastern coast.
05 Feb 2016
APM Terminals-operated Gujarat Pipavav Port is making a strong pitch for more roll-on, roll-off traffic, as the minor cargo facility on India’s west coast struggles to grow its container volumes amid sluggish global demand.
05 Feb 2016
Indonesia is expected to continue to disallow majority foreign ownership of its ports when it releases a revised version of its list of limits on foreign participation in the economy due to be issued in the coming week.
05 Feb 2016
Hong Kong’s largest air cargo terminal has teamed up with a Pearl River Delta ocean shipping and logistics heavyweight to increase its regional reach and drive up air freight business through the airport.
04 Feb 2016
The Indian federal government on Wednesday approved a proposal allowing the Ministry of Railways to set up joint ventures with various state government agencies for the development of rail infrastructure projects in the country.