The new service will significantly shorten the transit time for Bangladeshi cargoes to reach their final destination in the US by — at least 10 days, according to officials.
29 Jul 2020
Singapore's sovereign wealth fund is thought to be contemplating a cash injection of up to $450 million into PIL in return for a significant shareholding in the privately controlled carrier.
28 Jul 2020
A data-sharing initiative between key container gateways in Europe and Asia underlines the need for shippers and service partners to be connected into multiple shipping networks.
26 May 2020
PIL, which raised more than $550 million from the sale of box ships earlier this year, said it has agreed on a debt repayment holiday until the end of this year with most of its main lenders.
14 May 2020
Automation software provider RPA Labs has been backed by a group of supply chain-focused investors as it seeks to equip third-party logistics providers with pre-built process “bots.”
30 Apr 2020
It has taken three years for ONE to sail into the black, with the carrier able to hold on to its profitability through a turbulent end to its financial year.
27 Apr 2020
Dutch carrier Spliethoff expands its multipurpose/heavy-lift fleet and opens an office in Singapore.
24 Mar 2020
Confirmation of PIL's debt woes follow weeks of speculation about the world's 10th- largest container line, which since mid-February has pulled out of the trans-Pacific trade, sold six 11,923-TEU container ships, and divested ts South Pacific subsidiary, Pacific Direct Line.
02 Oct 2019
Multipurpose/heavy-lift carrier AAL adds tonnage and adopts a new transaction management system.
31 Jul 2019
It has been a good start to the year for ONE, with no distracting merger issues to affect service levels and revenue.
26 Jul 2019
APL has its third CEO since being acquired by CMA CGM as the carrier prepares to consolidate its presence in the trans-Pacific and intra-Asia.
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