Asia

Asia

25 Nov 2014
One potential consequence of the congestion at West Coast ports - a shortage of containers in Asia due to difficulties repositioning them back from the U.S. - is being watched closely but does not seem yet to be creating widespread problems.
25 Nov 2014
Carriers are proceeding with the largest single trans-Pacific eastbound rate increase in years but have only postponed making a formal announcement.
25 Nov 2014
APM Terminals is eyeing expansion in Turkey to take advantage of container volume growth at the nation's Mediterranean and Black Sea ports.
25 Nov 2014
The idle container ship fleet has fallen to its lowest level since the global financial crisis erupted in late 2008 , as port congestion on the U.S. West Coast and in Manila keeps vessels in work.
24 Nov 2014
Evergreen Marine recorded an $80 million net profit in the three months ending Sept. 30. as the carrier added a second profitable quarter since joining the CKYH Alliance in March.
24 Nov 2014
The Philippine’ cabinet cluster on port congestion directed by cabinet secretary Jose Rene Almendras will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February.
Nicaragua Canal route map
21 Nov 2014
Construction on the controversial Nicaragua canal linking the Atlantic and Pacific oceans will begin on Dec. 22 on the Pacific side, according to the government officials.
Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 Nov 2014
United Arab Shipping Co. plans to join the EPIC Service between the Indian subcontinent and North Europe operated until now independently by CMA CGM.
21 Nov 2014
All Nippon Airways Co. and United Airlines, both members of the Star Alliance global airline network, plan to launch a strategic air cargo joint venture on trans-Pacific routes, the first of its kind between the U.S. and Asia.
21 Nov 2014
The supply of land is the greatest challenge facing logistics property developers in China as they struggle to match supply of modern warehousing facilities to the demand being generated by a rapidly increasing consumer market.