Asia

Asia

26 May 2015
Vessel reliability in the trans-Pacific trades is beginning to improve now that West Coast labor issues have been resolved, but it still has a long way to go before it is acceptable, metrics provided by Seaintel Maritime Analysis and the Marine Exchange of Southern California show.
15 May 2015
A country that is seldom mentioned as an alternative to manufacturing in mainland China is Taiwan, its neighbour and disputed territory just across the strait.
14 May 2015
Evergreen Line this month will launch a new intra-Asia service in partnership with Cosco and China Shipping, enhancing the Taiwan carrier’s intra-Asia operations.
14 May 2015
Cosco Container Lines earlier this month launched a bi-weekly service from Yueyang, a city by the Yangtze River in Hunan province, to Vietnam and Thailand, allowing shippers to get their goods delivered a week faster than through past transfer services.
14 May 2015
Blue Dart Express, India’s leading air express and logistics services provider, reported its net earnings in fiscal year 2014-15, which ended March 31, remained relatively flat compared to the profit in the previous year, despite significant revenue growth.
14 May 2015
China Cosco Holdings pushed ahead with its fleet scrapping plan last month by dismantling two container ships and two bulk carriers.
14 May 2015
India produces about 30 percent of the world’s bananas, but poor post-harvest facilities and cold chain infrastructure means less than 1 percent make it to foreign markets. However, one fresh produce company, Pick N Serve Foods, is finding huge potential in exports, particularly to markets in Oman, Dubai, Qatar and Kuwait.
14 May 2015
A decision by International Container Terminal Services, Inc. (ICTSI) to implement a container booking system to better manage truck movements at its flagship Manila terminal will be welcomed by the port that bore the brunt of choking congestion last year.
14 May 2015
Despite accelerating China business, Global Logistics Properties (GLP) reported a 29 percent fall in net profit for the year ending March 31, mostly due to profit sharing with the consortium of investors that own a 33.8 percent stake in GLP China.
13 May 2015
Hanjin Shipping began its march toward a positive annual result this year with a first-quarter net profit of $21 million, its results buoyed by continued cost cutting and lower bunker fuel prices.
13 May 2015
U.S. shippers will likely see even higher domestic intermodal rail prices if the International Trade Commission rules against the Chinese manufacturers of 53-foot containers at the end of the month.