Recently, consolidation in the sector has accelerated, with acquisitions, mergers, alliances, and other cooperation among the stakeholders becoming routine.
10 Jan 2019
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which took effect Dec. 30, will contain 495 million consumers.
07 Jan 2019
The Shenzhen port of Shekou has opened a consolidation center that will ease customs restrictions on China's growing LCL cargo imports.
20 Dec 2018
ONE has cemented its Asia headquarters in Singapore and will gain greater control of its volume in a joint venture terminal deal in the Lion City.
08 Oct 2018
The Eagle GO Guaranteed Service — targeting shippers willing to pay premium rates for a faster and guaranteed service that provides a complete refund if the ocean carrier fails to meet the delivery date — will expand from 29 Asia ports to 150 Asia and Middle East ports.
05 Sep 2018
Mining interests are once again upgrading and investing in activities that require inbound project cargo after years of merely status-quo maintenance.
26 Jul 2018
APL’s blockchain aims to include a range of container shipping processes, with an example of the platform’s utility being the elimination of the redundancy, needless rekeying, and back-and-forth of one essential task.
05 Jun 2018
The ocean carrier’s Ze Box venture capital unit has signed a memorandum of understanding with PSA unboXed, the external innovation and corporate venture capital arm of Singapore’s PSA International.
27 Apr 2018
All three carriers in Ocean Network Express highlighted the supply-demand balance as having an influence on container industry financials, with freight rates stronger than during the previous year but lower than expected.
24 Apr 2018
The merged entity, Ocean Network Express, is reporting staff shortages at some locations as the three Japanese carriers are merged, which is causing customer problems.
12 Apr 2018
The April 1 launch of new carrier Ocean Network Express is experiencing booking delays in some jurisdictions as cargo from three carriers migrates to the new network.
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