Asia

Asia

21 Aug 2014
Container throughput at major state-owned ports in India expanded 5.3 percent year-over-year during April to July, the first four months of fiscal year 2014-15, according to preliminary figures released by the Indian Ports Association.
15 Aug 2014
Shreyas Shipping and Logistics has introduced a fortnightly coastal container service between West India and South India, adding capacity on the trade route the Mumbai-based feeder line already serves with a weekly service.
15 Aug 2014
Shipping Corp. of India has denied that it is planning to shutter its liner division, but did say it was reviewing the segment’s performance and eyeing ways to increase its profitability.
14 Aug 2014
Both UPS and FedEx have received long-awaited approval from the Chinese government to widen operations in the country.
U.S. waterborne containerized imports of auto parts were up 7.9 percent in the second quarter of 2014.
14 Aug 2014
Containerized auto parts imports into the United States continued to trend upwards in the first half of 2014, in a market that has seen growth of over 10 percent in the past two years.
13 Aug 2014
Hong Kong-flag carrier Cathay Pacific reported today that its group profit skyrocketed more than 14-fold in the first half of 2014 from a year earlier...
Drewry’s benchmark spot rate from Hong Kong to Los Angeles dropped 4.6 percent week-to-week, falling to $2,075 per 40-foot container.
13 Aug 2014
Big gains in the spot rates from Hong Kong to Los Angeles began to erode this week, as a benchmark of the rate to the U.S. West Coast dropped $100 per container.
Airplane taking off
13 Aug 2014
Air freight rates are steadily climbing as demand creeps upward, leaving airline heads optimistic about the second half of 2014.
Construction underway at APT Terminals Izmir
12 Aug 2014
APM Terminals Izmir ordered three ship-to-shore quay cranes and 10 rubber-tire gantry cranes from ZPMC for its new container terminal at Turkey’s port of Petkim.
12 Aug 2014
Intermodal rail delays at the ports of Jawaharlal Nehru (Nhava Sheva) and Pipavav, two major container gateways on India’
12 Aug 2014
As exports originating in China’s interior continue to grow, Agility inked a deal with Shanghai International Port Group Logistics, in order to strengthen its capabilities in the Yangtze River region.