Asia

Asia

23 Oct 2014
APM Terminals has disputed the International Transport Workers Federation’s description of last week’s strike at Aqaba Container Terminals in Jordan as a “victory” for the union representing the terminal’s dockworkers.
Ocean carrier rate revision roundup for Oct. 17
17 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
17 Oct 2014
Spot freight rates on the Far East-North Europe route have sunk to $705 per 20-foot container, down $33 on the previous week to a new low for the year.
17 Oct 2014
The Far East-U.S. East Coast container trade is shaping up as the potential “battlefield” of the future as an enlarged Panama Canal allows carriers to cascade larger ships from the Far East-Europe trade, according to Bimco.
17 Oct 2014
India’s Port of Visakhapatnam reopened to marine traffic today, five days after Cyclone Hudhud’s devastation at the state-owned port complex.
16 Oct 2014
Home furnishing giant IKEA has expanded its business with logistics property developer Goodman Group into China, signing a lease for 11,000 square meters of warehousing space in the inland Chinese city of Chengdu.
16 Oct 2014
Cross-border trade between Southeast Asia neighbors Thailand and Myanmar in 2014 is expected to grow 10 percent year-over-year to more than $6 billion.
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
16 Oct 2014
Staying on top of the evolving regulatory and customs environment was a key areas forwarders and NVOCCs needed to focus on as they expand their business across Asia, delegates at a TPM Asia panel heard today.
15 Oct 2014
Two major Chinese conglomerates have joined forces on a joint-venture port investment company with nearly $1 bi
15 Oct 2014
A new, $54 million initiative in Singapore will research port management and urban congestion to help boost the country's port efficiency.