Flames raged aboard two container ships, one from UASC, another from Hamburg Sud on Monday after the ships collided at Port Klang near Kuala Lumpur.
08 Oct 2014
OOCL and Yang Ming Line have upgraded their joint China-Pakistan Express (CPX) Service with the addition of a new call at Port Kelang, Malaysia, on the eastbound leg.
03 Oct 2014
U.S. imports of wooden bedroom furniture by dollar value have increased for four consecutive quarters, driven by an ongoing recovery in the real estate market and falling national unemployment numbers...
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
01 Sep 2014
Small Malaysian container line and regional feeder operator PDZ released its full-year results, and once again the destructive impact of weak freight rates was evident in a carrier’s financials despite the line posting a pre-tax profit.
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
24 Jul 2014
Malaysia’s Westports Holdings turned in an impressive first-half performance, with throughput rising 13 percent year-over-year and strong growth across all trade lanes.
11 Jun 2014
The cargo division of Malaysia Airlines has appointed an acting chief executive to replace Mohd Yunus Idris, who left the company this week.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 May 2014
APM Terminals boosted first quarter operating profit to $215 million from $166 million a year ago as it added new terminals to a worldwide portfolio that is increasingly focused on growth markets.
19 May 2014
Transshipment hubs in South and Southeast Asia are pouring investment into expanding facilities and adding new equipment to handle the increasing size of container vessels, the new alliance groupings and steadily improving trade.