YZJ Shipbuilding's H1 earnings rise 11pc YoY to US$345.4m

YANGZIJIANG (YZJ) Shipbuilding achieved 11 per cent higher profits in the first half of the...

Greencarrier deploys first all-electric trucks for deliveries in Shanghai

GREENCARRIER, a freight forwarding company, started making deliveries in Shanghai, China using...

Removal of trucking capacity supports stronger rates moving forwards

TRUCKING carriers in the US are continuing their exodus of the market due to a number of factors,...

UPS drops delivery surcharges for 2019 holiday season

AMERICAN multinational package delivery and supply chain management company, United Parcel...

Emirates SkyCargo named 'Best Customer Airline 2018' in Malaysia

THE freight division of Emirates - Emirates SkyCargo - has been presented with the award for...

HMM scraps Asia Europe Express service after joining THE Alliance

AS a result of joining vessel-sharing group THE Alliance through to March 2030, Hyundai Merchant...

DSV completes acquisition of Switzerland's Panalpina for US$5.5b

DSV A/S has settled the public exchange offer for all publicly held shares of Panalpina Welttransport...

UK seeks company to maintain critical medical supplies if there's 'no-deal Brexit'

THE UK has put out for bidding a GBP25 million (US$30 million) contract for 'express freight...

Reforms needed to maximise aviation benefits in South Africa

OVER the next 20 years South Africa could double its air transport market, resulting in 23

India's draft policy on logistics ignores express industry, says lobby

THE draft National Indian Logistics Policy has overlooked the role of the express delivery...

Swift fined US$15m for stealing 250 of CRST's drivers in lawsuit

SWIFT Transportation has been ordered by a US federal jury to pay CRST Expedited US$15 million...

More spending required on Australian infrastructure: report

AUSTRALIAN living standards will fall unless much more is spent on infrastructure, says a...

Africa seeks multilateral deal with the US - but US likes bilaterals

THE United States favours bilateral trade agreements with individual African nations but the...

Maersk says it expects choppy seas ahead for world economy

WITH a subtle warning about the outlook for trade and possibly weaker demand growth for containers,...

MSC's 'green' box ship is rewarded for visiting Long Beach port

THE port of Long Beach has welcomed the cleanest containership to travel to the US, the 14,436-TEU...

Logistics segment boosts HHLA's H1 earnings (EBIT) to US$127.4m

GERMANY's Hamburger Hafen und Logistik AG (HHLA) recorded first-half earnings before interest...

Hong Kong's Cathay Pacific must kow-tow to Beijing to survive

HONG KONG's Cathay Pacific Airways finds itself at odds with China's aviation authorities...

OOCL cancels transpacific sailings due to insufficient demand

HONG KONG's Orient Overseas Container Line (OOCL), now a Cosco unit, has cancelled a number...

CMA CGM ups Asia-West African rates $500/TEU on September 1

FRENCH shipping giant CMA CGM has increased Asia to West Africa rate US$500 per TEU from September...

Hamburg first half volume up 7.5pc to 4.7 million TEU, but bulk slips

THE Port of Hamburg's first half container volume 7

HKTDC's Belt and Road Summit Sept 11-12 at exhibition centre

THE fourth Belt and Road Summit, organised by the Hong Kong Government and the Hong Kong Trade...

Liberty makes war on equity in truckers' Hours of Service regulation row

AMERICAN truck drivers are divided on the revised Hours of Service regulations with the Teamsters...

International Chamber of Shipping meet in London September 11

The International Chamber of Shipping (ICS) is holding its 'flagship' conference on...

Rotterdam launches PortXchange to provide digital shipping app

THE Port of Rotterdam Authority this month launched its PortXchange, a platform to create...

Asia Terminals sees Q2 earnings rise 26pc due to Manila, Batangas growth

ASIAN Terminals Inc (ATI) saw its second quarter net income surge 26 per cent year on year...

German quarterly GDP contracts 0.1pc, second slip in 4 quarters

GERMAN GDP decreased 0

Retail slumps as China's July industrial output slowest since 2002

CHINA posted the weakest industrial output growth since 2002 accompanied by slumping retail...

PSA, SCG Logistics Management set up JV to run Bangkok terminal

PSA Thailand and SCG Logistics Management Company Ltd are establishing a joint venture company...

Proposals sought to develop cargo operations at a Seattle terminal

THE Northwest Seaport Alliance has started accepting proposals to develop a 50-acre deep-water...

Oil retreats after biggest jump in five weeks as stockpiles rise

OIL prices declined after the biggest spurt in five weeks as an industry report showed American...

Shipment at SOCAR Terminal exceeds 280,000 TEU on eastern Aegean

THE volume of shipments at SOCAR Terminal stood at 280,276,634 TEU, said Trendreports

CargoLogicAir CEO steps down having served since March '18

CHIEF executive of CargoLogicAir (CLA) David Kerr has decided to leave his post, a role he...

Retired Delta safety veep heads FAA on GOP party line vote

Stephen Dickson, recently retired Delta vice president in charge of operations and safety,...

Jenny Zhao named vice president at Silk Way West Airlines

SILK Way West Airlines has appointed Jenny Zhao as its new vice president Asia-Pacific region...

Maersk's Q2 profit soars 793pc to US$134 million as sales rise 0.6pc

DANISH shipping giant Maersk Group's second quarter net profit soared 793 per cent year...

Hong Kong box volume slowdown continues with 8.3pc fall in July

THE Port of Hong Kong suffered another container volume decline of 8

Global air cargo demand falls 4.8pc in June for 8th straight month: IATA

GLOBAL air freight market demand, measured in freight tonne kilometres (FTKs), dropped by...

Forwarders trade air cargo derivates to counter volatility in spot market

SINCE Freight Investor Services (UK) launched the Air Freight Forward Agreement (AFFA) market...

Nansha doubles number of sailings to Rotterdam as PRD pivot port

GUANGZHOU's deep-water port of Nansha has doubled the number of direct connections with...

Huawei to build 'irony army' in restructuring drive to survive US sanctions

REN Zhengfei, the billionaire founder of Huawei Technologies, plans to implement a three-...

Portuguese government okays expansion of Port of Sines' Terminal XXI

THE Portuguese government has given the green light for the proposed new Vasco de Gama Terminal...

China warns India of 'reverse sanctions' if Huawei is blocked from market

CHINA has told India not to block Huawei Technologies from doing business in the country,...

3 robberies against ships in Indonesia, Malaysia August 6-12: ReCAAP

THE ReCP Information Sharing Centre (ISC) received three reports of armed robbery incidents...

Air freight still flows by freighter in and out of Hong Kong airport

THE two-day closure of Hong Kong International Airport (HKIA) had not greatly impacted air...

US seaports record surging volumes on back of robust economy

MANY US sea ports achieved record or near-record cargo volumes in the first half of this year,...

CMA CGM ups rate US$200/TEU from Asia to Red Sea August 21

FRENCH shipping giant CMA CGM has announced the following Rate Restoration effective August...

ICTSI H1 profit soars 42pc to US$128.5 million as sales rise 14pc

MANILA's International Container Terminal Services Inc (ICTSI) first half profit soared...

China's weekly export container shipping index edges down

CHINA's index of export container transport edged down last week, according to the Shanghai...

Goldman Sachs doubts trade war will end amicably soon

INTERNATIONAL bank Goldman Sachs lowered its fourth-quarter US growth forecast by 20 basis...

7th substantial US trucker pulled under by heavy compliance costs

ANOTHER substantial US trucker is out of business in this year's freight recession as...