Asia

10 Feb 2016
Amazon’s ambitions to take more control of its container shipping have become more apparent after the e-commerce giant filed an application with the Shanghai Shipping Exchange to be forwarder on 12 major routes and a 2013 internal proposal reveals its vision for a global delivery network.
01 Feb 2016
Container Corporation of India, a state-owned intermodal rail operator, is set to jump into the shipping game as a non-vessel operating common carrier as part of a wider effort to diversify its business.
01 Feb 2016
Shippers moving goods between the EU and Russia are poised to see their trucking costs rise because of the expiration of an agreement that allowed Polish freight operators to haul cargo to Russia.
01 Feb 2016
Yusen Logistics Co.’s net profit more than doubled in the first nine months of the fiscal year ending in March on a year-over-year basis thanks to solid revenue growth, particularly overseas, and a negligible extraordinary charge.
01 Feb 2016
The January run up to Chinese New Year is traditionally a busy one for exporters as beneficial cargo owners try to ship their products out of the country before the three-week factory shutdown and the carrier service deletions, and space on container ships is often at a premium.
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).
29 Jan 2016
ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
29 Jan 2016
China may subsidize up to 50 percent of the containerized rail traffic between it and Russia, according to recent statements from Sergei Kopiev, chairman of Yuzhno Uralsky, one of Russia’s largest transport and logistics operators.
29 Jan 2016
The main ports of China’s Yangtze River Delta will introduce compulsory emissions reduction requirements from April 1 this year with non-compliant ships potentially facing fines of up to $15,000 under national air pollution laws.
28 Jan 2016
CMA CGM and Islamic Republic of Iran Shipping Lines plan to share vessel capacity, and jointly operate routes and marine container terminals, the latest sign of how global container lines are aiming to tap Iran’s potential due to the lifting of economic sanctions.
28 Jan 2016
Container throughput at APM Terminals-operated Gujarat Pipavav Port fell 9.2 percent year-over-year in the third fiscal quarter, but was up by 21 percent from the prior quarter, according to a company filing with the Bombay Stock Exchange.