Asia

The combination of Allcargo Logistics' various units comes as the company expands its presence in Indian ports.
26 Aug 2016
Allcargo Logistics Ltd. unveiled a plan to combine all of its third-party logistics businesses into a single entity.
01 Jan 2015
China’s official purchasing managers’ index (PMI) slipped to its lowest reading in 18 months, confirming a slowdown in the mainland’s economic growth and following close behind an HSBC PMI that registered a similar decline.
31 Dec 2014
Spot rates on the trans-Pacific have dropped nearly 20 percent in the two weeks following a historically high general rate increase, new data from Drewry Maritime Research shows.
Maersk container ship in Rotterdam
31 Dec 2014
Ocean carriers face an uphill struggle to push through planned general rate increases on the Far East-north Europe trade in January amid deteriorating economic conditions at both ends of the world’s biggest liner route.
31 Dec 2014
After two years of preparations, Nippon Express Co. has set up a subsidiary in Myanmar, formerly called Burma, joining a growing army of Japanese transportation, logistics and other firms aiming to cash in on what is widely seen as Asia’s last frontier market.
31 Dec 2014
The lack of detailed financial information on the Nicaragua canal from project leader HKND Group continued this week with the announcement by chairman and CEO Wang Jing that the company was planning to launch an initial public offering to fund the $50 billion waterway.
30 Dec 2014
Western ocean carriers, port operators and freight forwarders are bracing for a slump in Russia’s freight traffic as the nation heads for recession and double-digit inflation in 2015.
30 Dec 2014
China Southern Airlines’ executive vice president and chief operating officer for flight operations have been axed on suspicion of “job-related crime”.
29 Dec 2014
United Liner Agencies (India), part of the Mumbai-based diversified logistics firm J.M. Baxi Group, has been selected to upgrade and operate an existing container terminal at Haldia Dock, a sister facility of Kolkata Port Trust.
29 Dec 2014
In a significant policy shift, the Japanese government has become the top shareholder of a company operating the Port of Kobe and the Port of Osaka, collectively called the Ports of Hanshin, to help shore up its sagging international competitiveness.
29 Dec 2014
Jawaharlal Nehru Port Trust (Nhava Sheva), India's largest container gateway, is showing no signs of getting ahead of the congestion problems that have plagued India’s largest container handler for much of 2014.