Asia

Asia

30 Jul 2014
ANA Holdings Inc.’s international cargo revenue surged nearly 20 percent year-on-year in the first quarter of fiscal year 2014.
28 Jul 2014
Transport Corp. of India reported its net income in the first fiscal quarter, from April to June, was $2.7 million.
28 Jul 2014
State-owned rail operator Container Corp. of India has reiterated its confidence in being able to clear the import backlog at Jawaharlal Nehru Port Trust (Nhava Sheva) through greater coordination with all stakeholders.
China
28 Jul 2014
If the negative portrayal by China’s state broadcaster of the proposed 2M tie-up between Maersk Line and Mediterranean Shipping Co. this weekend has official backing, it could be an indication of internal political pressure to shield Cosco and China Shipping Container Lines from a stronger competitor.
28 Jul 2014
A rise in traffic from Asia to Mediterranean ports has led to tight capacity and a substantial rise in spot prices.
26 Jul 2014
Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first-half net profit on the back of improved U.S. and European cargo and greater transshipment volume.
25 Jul 2014
Inadequate airspace capacity for civil air traffic, rapid growth of the Chinese aviation industry, capacity constraints at airports, and rigid operating regulations add up to congestion and delays for carriers serving the mainland’s busy cargo gateways, according to the International Air Transport Association (IATA).
OOCL Qingdao
25 Jul 2014
Evidence of volume growth in east-west container shipping markets was revealed in Orient Overseas Container Line’s most recent results.
The Shanghai-northern Europe spot rate slipped 2.2 percent to $1,203.
25 Jul 2014
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.
Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Shopping bags with U.S. and Japanese flags
24 Jul 2014
The United States retained its status as Japan’s biggest export market in the first half of 2014 after defeating rival China by a narrow margin.