Asia

Asia

23 Sep 2014
CMA CGM, China Shipping Container Lines, OOCL and PIL plan to launch a new joint service connecting Northeast Asia, Australia and New Zealand in early November.
19 Sep 2014
Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.
18 Sep 2014
Japan’s trade surplus with the United States shrank sharply in August, as exports to the U.S. declined while imports surged at a double-digit pace, according to preliminary trade figures released Thursday by Japan’s Finance Ministry.
18 Sep 2014
U.S Senate investigators said Wednesday that computer networks of transportation companies that work for the U.S. military were broken into 20 times in one year by hackers with links to the Chinese government, highlight the growing cyberattack risk to shippers and carriers.
17 Sep 2014
The Manila truck ban that was imposed by the city in February and led to the worst congestion the port has experienced, created food shortages and pushed up prices of consumer goods has been lifted.
17 Sep 2014
China Cosco Holdings will splash out $618 million on five 14,500-TEU vessels that will be built by CSSC’s Jiangnan Changxing Shipbuilding yard as the mainland’s largest carrier continues to upgrade its fleet in an attempt to arrest declining profitability.
17 Sep 2014
China-Europe rail services continue to grow in popularity with DHL the latest forwarder to offer a new weekly scheduled block train from Suzhou to Poland.
17 Sep 2014
China’s top port operator and an engineering group will invest $601 million in a container terminal at Sri Lanka’s Hambantota port, as China seeks to deepen its ties with the strategically placed Indian Ocean island.
Singapore
16 Sep 2014
Container handling rose nearly 2 percent in August at the world’s largest transshipment hub, the Port of Singapore.
cattle in Brazil
16 Sep 2014
The tit-for-tat imposition of embargoes between Russia and the West has opened the door for Brazil beef exporters to significantly expand shipments to Russia in recent months, with greater growth likely in 2015.
16 Sep 2014
Global Ports, Russia’s largest container terminal operator, reported a jump of 30 percent in profit for the first half of 2014, as favorable ruble-dollar exchange rate movements offset a drop in cargo volumes.