LOGISTICS
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Port of Long Beach to receive zero-emissions equipment grant
March 7, 2017 - The California Energy Commission has given notice of a proposed US$9.7 million grant to the Port of Long Beach to fund...
ZIM posts net loss for 2016 despite Q4 profit
March 7, 2017 - ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last...
Panalpina posts higher air freight volume but lower overall profit for 2016
March 3, 2017 - The Panalpina Group made a consolidated profit of CHF80.2 million (US$79.2 million) in 2016, a year-on-year decrease of...
K+N posts record earnings
March 3, 2017 - The Kuehne + Nagel Group made a net profit of CHF720 million (US$710 million) in 2016, a year-on-year increase of 6%,...
KTZ Express and Globe Tracker International sign reefer deal
March 2, 2017 - Logistics provider Kazakhstan Temir Zholy Express and supply chain visibility specialist Globe Tracker International...
Hapag-Lloyd volume up but revenue down in 2016
March 2, 2017 Hapag-Lloyd posted a revenue of €7.7 billion (US$8.11 billion) for 2016, a year-on-year decrease of 12.5%, according to...
DHL invests in Thai e-commerce market
March 1, 2017 DHL eCommerce will enhance its coverage in Thailand with next-day delivery in remote areas and extend its pick-up...
Port of Portland and ICTSI terminate Terminal 6 lease
March 1, 2017 The Port of Portland and ICTSI Oregon, Inc. have mutually agreed to terminate a 25-year lease agreement to operate the...
APM launches operations at Lazaro Cardenas
March 1, 2017 APM Terminals has launched operations at its Lazaro Cardenas facility with the first official vessel call by the 9,600...
FedEx sees demand from ageing population
February 27, 2017 With more than half of the world’s population living in Asia and the Pacific, it is difficult to overstate the region’s...
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