Asia

26 Apr 2017
March was a good month for the Asian air cargo industry, with the recovering markets accelerating further on rising regional import-export activity.
17 Jun 2015
A new free-trade agreement between Australia and its largest trading partner, China, will likely further accelerate containerized trade between the duo after their volume rose 14.6 percent in the last three years.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
17 Jun 2015
In an ominous sign for its export-reliant economy, Japan’s red-hot merchandise trade with the United States lost some steam in May after expanding by more than 20 percent in March and April.
17 Jun 2015
Mediterranean Shipping Company will add a direct call at Hazira, India, to its IPAK service in order to enhance direct connections between India, North Europe and the Mediterranean, effective in early July.
17 Jun 2015
Russian cargo airline Volga-Dnepr signed a memorandum of understanding today to buy and lease twenty Boeing 747-8 freighters with a combined list price of $7.4 billion for its AirBridgeCargo Airline unit.
17 Jun 2015
Cosco Pacific reported growing container volumes across all its geographical sectors with 28 million TEUs handled by China’s second largest port operator in the first five months of the year.
16 Jun 2015
The only way to stop the Asia-Europe rate war is to make drastic and permanent capacity cuts, as the widespread practice of voiding sailings has proved ineffective in slowing tumbling freight rates, according to Alphaliner.
16 Jun 2015
AirBridgeCargo’s traffic soared 16 percent in the first five months of the year as Russia’s largest all-cargo carrier continued to outperform its struggling European rivals.
16 Jun 2015
CMA CGM has strengthened its services to Turkey by adding a call to the port of Iskenderun in order to serve rising demand for raw materials that are converted into industrial inputs and finished products.
16 Jun 2015
India’s merchandise exports fell for the sixth consecutive month in May, the longest streak of declines since 2009, even as the Narendra Modi-led government rolled out a spate of schemes to stimulate manufacturing output and spur domestic demand.