Asia

28 Sep 2016
Two more Hanjin Shipping vessels are heading for the Port of New York and New Jersey.
06 Feb 2015
India’s major ports owned by the federal government reported a year-over-year growth in container volumes of 7.5 percent from April 2014 through January 2015, the first 10 months of fiscal year 2014-15, according to provisional port data compiled by JOC.com.
06 Feb 2015
HHLA’s operating profit jumped 10 percent in 2014 as the largest container handler in the port of Hamburg shrugged off lower Russian feeder shipments and a slump in traffic at its Ukraine terminal that left total volume unchanged from the previous year.
05 Feb 2015
Beijing’s bid to increase its strategic foothold in Sri Lanka was back on track after the island nation’s cabinet said a $1.5 billion port city would go ahead, dismissing a threat to scrap the deal signed with China by the previous government.
05 Feb 2015
The value of regional food markets in the Middle East will reach $53 billion in 2020, “a perfect recipe for growth,” according to Andre Toet, CEO of Sohar Port and Freezone in the Gulf sultanate of Oman.
05 Feb 2015
The Shanghai Shipping Freight Exchange has completed the first trading of container shipping capacity in foreign trade included in a forward agreement contract, but futures contracts in container shipping internationally have been very slow to take off.
05 Feb 2015
Rising container volumes and pricing pushed up C.H. Robinson ocean forwarding revenue in late 2014, and the logistics operator is considering expansion in new trade lanes, particularly Asia to Europe.
05 Feb 2015
Major Japanese international freight forwarder Kintetsu World Express Inc. is still feeling the pinch of an antitrust class-action lawsuit in the United States, as it continued to bleed red ink in the first three quarters of fiscal 2014.
05 Feb 2015
Operations are fully underway at Basra Gateway Terminal (BGT), a wholly owned subsidiary of International Container Terminal Services, Inc. (ICTSI), that opened in the southern Iraqi port of Umm Qasr in November.
05 Feb 2015
Global Logistics Properties (GLP) completed 6.8 million square feet of developments in China at a total investment cost of $308 million during the third quarter of its financial year.
04 Feb 2015
Capacity constraints, particularly in its core U.S. truckload market, are pushing rates, revenue and profit higher for the largest U.S. logistics company.