Asia

Asia

02 May 2015
$1.1 billion terminal operator ICTSI sold its stake in a Japanese container terminal on Okinawa to focus on other global port operations.
29 Apr 2015
CMA CGM said its New Europe Mascarene Oceania service will call at the Kattupalli International Container Terminal, an emerging alternative gateway on India’s southeastern coast.
Cosco container ship in Port of Oakland
29 Apr 2015
China Cosco Holdings reported a first-quarter loss of $166 million just hours after being forced to make its second unusual trading announcement of the month as rumors that the carrier would be merged with China Shipping Container Lines continued to galvanize the market.
29 Apr 2015
Indian logistics and trucking major Gati Ltd. says e-commerce growth helped drive consolidated net profit up 59 percent year-over-year in fiscal year 2014-15, which ended March 31.
29 Apr 2015
As the U.S. economy came screeching to a halt in the first quarter — at least those parts that contribute to gross domestic product growth — UPS improved revenue, shipment volumes and profit, a sign that things may not be as bad as the economic indicators seem to say.
29 Apr 2015
Global Logistics Properties (GLP) this week signed new lease agreements in China totaling more than 1.5 million square feet with retailers and third-party logistics providers.
29 Apr 2015
The frustration of Hong Kong’s container terminal operators was evident in a local newspaper column by the industry association head urging the government to implement its own recommendations to keep the port competitive or lose out to regional ports.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.
28 Apr 2015
Just two hours before they were set to call the port at Jebel Ali in the United Arab Emirates, the crew of the Maersk Tigris likely had little or no idea that the container ship would become international news while heightening tension in the Middle East.
28 Apr 2015
There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.
28 Apr 2015
Major ocean shipping companies are warning customers using Jawaharlal Nehru Port Trust — India’s biggest container handler — to expect service delays this weekend in response to a 12-hour power outage planned by local authorities May 1 for electrical upgrades in the harbor.