Asia

06 Dec 2016
Tariff Authority for Major Ports has tentatively approved Jawaharlal Nehru Port Trust’s proposal to equalize rail and truck handling rates, driving down the costs of rail and up those for trucking.
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.
04 Feb 2015
Shipping lines in the eastbound trans-Pacific announced an unusually aggressive program of rate hikes for the coming months, with two definite general rate increases totaling $1,200 per 40-foot container, and possibly a third rate hike in April. Increases in minimum service contract rates are also proposed.
04 Feb 2015
The first sailing of MCC Transport’s new direct service between China and Myanmar is on the water as the sister company of Maersk Line moves to capitalise on growing trade between the two nations.
04 Feb 2015
The Philippine Economic Zone Authority (Peza) has called for a revision to the country’s cabotage law that it says will ease port congestion in Manila, cut the cost of transporting goods by water and raise the level of competitiveness in the maritime sector.