Asia

05 Feb 2016
Singapore Post’s steady expansion into e-commerce and logistics lifted the company’s nine-month net profit by almost 18 percent to $101.9 million from April through October, with 40 percent of the revenue coming from overseas.
02 Feb 2016
Container volume at Jawaharlal Nehru Port Trust edged up roughly 1 percent year-over-year in January as India’s biggest, public container handler looks to speed up operations following the end of prolonged industrial unrest at the DP World facility in the harbor.
02 Feb 2016
Hanjin Shipping edged into the black in 2015 with its $6 million net profit representing a half-a-billion dollar turnaround from the huge 2014 loss as the carrier managed to offset declining revenue with lower costs and the rationalization of service lanes.
02 Feb 2016
Global integrator DHL and JD.com, China's largest online direct sales company, have signed an agreement to cooperate on a range of cross-border supply chain initiatives driven by the mainland’s fast growing e-commerce market.
01 Feb 2016
Container Corporation of India, a state-owned intermodal rail operator, is set to jump into the shipping game as a non-vessel operating common carrier as part of a wider effort to diversify its business.
01 Feb 2016
Shippers moving goods between the EU and Russia are poised to see their trucking costs rise because of the expiration of an agreement that allowed Polish freight operators to haul cargo to Russia.
01 Feb 2016
Yusen Logistics Co.’s net profit more than doubled in the first nine months of the fiscal year ending in March on a year-over-year basis thanks to solid revenue growth, particularly overseas, and a negligible extraordinary charge.
01 Feb 2016
The January run up to Chinese New Year is traditionally a busy one for exporters as beneficial cargo owners try to ship their products out of the country before the three-week factory shutdown and the carrier service deletions, and space on container ships is often at a premium.
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).
29 Jan 2016
ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
29 Jan 2016
China may subsidize up to 50 percent of the containerized rail traffic between it and Russia, according to recent statements from Sergei Kopiev, chairman of Yuzhno Uralsky, one of Russia’s largest transport and logistics operators.