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.
22 Jan 2014
Menlo Worldwide Logistics has opened a new warehouse in Selangor, Malaysia, as part of its expansion plans.
15 Jan 2014
As part of a slot sharing agreement, seven container lines will cooperate on three existing Far East-to-Indian subcontinent services, effective in February 2014.
15 Jan 2014
Global piracy fell to a six-year low in 2013 as international navies and private security guards significantly reduced attacks by Somali pirates, the International Maritime Bureau reported.
13 Jan 2014
The major risks to Asian economic and trade growth this year lie in Europe and the U.S., according to one leading Asia based analyst.
19 Dec 2013
U.S. containerized import volume fell 9.2 percent month-to-month in November, according to advance figures from PIERS, a JOC sister company. Imports totaled 1.45 million 20-foot-equivalent units in November. Volume remained flat year-over-year, following seven consecutive months of increases.
02 Dec 2013
State investment in infrastructure will be critical if Southeast Asia is to realize its full economic potential, according to leading analysts.
14 Nov 2013
Evergreen Line is partnering with Hanjin Shipping to create a new service linking South Korea, China, Vietnam, Singapore and Malaysia.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
04 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.