Asia

07 Dec 2016
Global container lines found guilty of cartel practices in the Russian market are seeking a settlement with Russian authorities in an attempt to avoid multi-million dollar fines.
U.S. and India flags
12 Mar 2015
India’s two-way trade with the U.S. totaled about $54 billion in the first 10 months of fiscal year 2014-15, which ends this month.
11 Mar 2015
The behavior of a handful of mega shippers in China completely defines the market, and any analysis of imports and exports must take this into account, advised Seabury Group managing director Gert-Jan Jansen.
11 Mar 2015
Global trade management company Amber Road adds new sourcing and manufacturing capabilities by acquiring Hong Kong-based ecVision.
11 Mar 2015
Indonesia’s logistics and forwarding markets are on the brink of a new era — if it can secure billions dollars of investment for its antiquated and overburdened infrastructure.
11 Mar 2015
A proposed Hong Kong rule requiring use of low-sulfur fuel for ships while at berth — a less stringent rule that those applied in U.S. and some European waters — will take effect on July 1 if approved by the Legislative Council next week.
11 Mar 2015
Carriers in the trans-Pacific eastbound market are hoping to leverage robust volumes, higher spot rates and the disruption tied to the recent U.S. West Coast labor standoff to achieve higher rates in annual contracts with shippers that take effect on May 1.
11 Mar 2015
Forwarders are reporting a steady rise in shipper enquiries into the China-Europe rail route from higher value shippers looking for an alternative to expensive and often unreliable air freight and the lengthy ocean shipping.
American Eagle Outfitters
10 Mar 2015
U.S. retailers appear generally upbeat on their ability to deliver spring merchandise to stores, with some telling investors that U.S. West Coast port congestion has had minimal impact on their supply chains, according to earnings calls in recent weeks.
10 Mar 2015
Mumbai-based diversified logistics firm J.M. Baxi Group consolidated its cargo terminal business with a 30-year concession to operate a new multipurpose freight facility at the Port of Paradip, a major state-owned general cargo gateway on India’s east coast.
09 Mar 2015
Planned mid-March general rate increases on Asia-Europe stand little chance of sticking as the container shipping industry enters the slow season seemingly powerless to arrest declining spot rates on the trade.