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.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
03 Oct 2014
The city’s logistics industry does not belong under the inward looking Transport and Housing Bureau and the portfolio should be reassigned to a separate administrative structure, the British Chamber of Commerce in Hong Kong said in a position paper.
25 Sep 2014
Congestion at Hong Kong’s container terminals has reached a “critical stage” and the city’s container terminals and shipping lines have called on the government to urgently make land available for port logistics and additional barge berths.
24 Sep 2014
Three straight weeks of major spot rate drops have pushed trans-Pacific rates below $2,000 per container for the first time in seven weeks.
15 Sep 2014
Hong Kong’s container throughput in August slid into negative territory for the first time since February, down almost 3 percent year-over-year as the summer peak season momentum began to slow.
15 Sep 2014
Strong air cargo traffic out of Asia continued to lift Cathay Pacific volumes with August figures soaring almost 20 percent year-over-year and the Apple iPhone 6 launch expected to keep traffic high through September.
11 Sep 2014
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
10 Sep 2014
After gaining ground thanks to general rate increases in the first week of September, the Drewry benchmark rate from Hong Kong to Los Angeles dropped $100 per container this week.
03 Sep 2014
After weeks of stagnation, Drewry’s benchmark spot rate from Hong Kong to Los Angeles jumped this week on the back of Sept. 1 trans-Pacific general rate increases.
03 Sep 2014
Congestion at ports across Asia is creating havoc with shipping schedules, forcing a major intra-Asia specialist to cancel rotations as it battles lengthy delays.
02 Sep 2014
From the top to the bottom, here is a list of the ports that moved up in 2013, and those that are in danger of falling down — or even off — the list of the Top 50 World Container Ports.