Asia

20 Jan 2017
After the share price of OOCL's parent soared by 30 percent in two weeks on speculation that it is for sale, the company has said no bid for the carrier has been received.
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.
Maersk container ship
28 Apr 2015
Mega-vessels deployed in the Asia-Europe trade are overlapping intra-Asia routes and compounding the influx of capacity cascading into the regional trade from oversupplied east-west routes.
28 Apr 2015
The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.
27 Apr 2015
Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.