Asia

Asia

26 Dec 2014
China, Serbia and Hungary have signed a memorandum of understanding to build a new 230-mile rail link between Belgrade and Budapest with construction work expected to start by the middle of next year.
24 Dec 2014
Fresh food is fast becoming the next e-commerce frontier in China, and the country-wide demand is driving the expansion of cold chain logistics in the mainland that has been a weak point for years.
23 Dec 2014
The door to China’s domestic courier market is about to be opened a little wider for foreign service providers, as the State Post Bureau prepares to green light Kerry Logistics and Japanese firms Yamato Logistics and OCS (Overseas Courier Service) to operate in the mainland express market.
23 Dec 2014
Truck congestion caused by the deteriorating quality of road networks around the Nhava Sheva port complex, India's largest container gateway, is creating a nightmare for shippers already dealing with months-long rail delays and ocean carrier surcharges at India’s largest container gateway, also known as Jawaharlal Nehru Port Trust.
23 Dec 2014
The banana industry in Davao Region of the Philippines is expected to fully recover during the first or second quarter of 2015, an industry leader this week.
22 Dec 2014
Mitsui-Soko Holdings Co. will take a controlling stake in Sony Supply Chain Solutions Inc. for about 18 billion yen (US$151 million), marking the latest in a series of acquisitions by Japanese transportation and logistics companies targeting subsidiaries of struggling domestic electronics giants.
22 Dec 2014
Singapore-listed Yoma Strategic Holdings will receive a $100 million loan from the Asian Development Bank (ADB) to build up Myanmar’s transport and logistics infrastructure urgently needed to create sustainable economic growth.
19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
19 Dec 2014
The Japanese government has recently expressed concern to the U.S. government regarding the delays of U.S. forage exports because of U.S. West Coast port congestion, according to an agriculture shipper group.
19 Dec 2014
Indonesia’s largest port operator Pelabuhan Indonesia II (IPC) will partner with PSA International, Japanese investment company Mitsui & Co. and NYK Line to construct and operate a container terminal at Jakarta’s Tanjung Priok port.
18 Dec 2014
Capacity at a container terminal at Viskhapatnam Port, a major state-owned cargo hub on India’s southeastern coast, is set to double to 1 million TEUs annually after a consortium signed a Rs. 633.11 crore (US $102 million) construction contract.