Freight
FedEx throws weight behind freight to fire up Apac growth engine
Its three major hubs in Incheon, Tokyo and Singapore are full-sized warehouses capable of life science logistics to serve the biomedical and pharmaceutical industriesTHE idea that American transportation and...
Volvo’s earnings drop as freight, construction demand wanes
VOLVO’S earnings have declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs across most markets.Adjusted operating profit slipped to 14.1 billion Swedish kronor...
Sea freight rates are falling, but may be lifted by US port strike
A strike in the US East and Gulf-Coast ports could hit more than half of US imports and 15 per cent of the global container fleet capacity, HSBC saysSLIDING...
Sea freight rates on a trough may instead crest on the back of a US port strike
A strike in the US East and Gulf-Coast ports could hit more than half of US imports and 15 per cent of the global container fleet capacity, HSBC saysOCEAN...
Slumping freight rates telegraph warning on Asian crude demand
THE cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China.Freight rates for a Very Large Crude...
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
SOLID container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call with reporters on Wednesday (Jul...
Singapore’s May air freight jumps 20%; port’s box throughput highest this year
THE congestion at sea has benefited air transport, with Singapore’s Changi Airport reporting a 20 per cent year-on-year jump in air freight handled to 170,000 tonnes in May, from...
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