Maersk Line to raise Asia-Europe rate US$575/TEU starting July 1
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DANISH shipping giant Maersk Line will raise rates US$575 per TEU from Asia to northern Europe from July 1, the company announced.
P3 rejection sends European carriers, ports scrambling
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Europe’s major ocean carriers, ports and shippers are urgently rethinking their business strategies following the shocking news that Chinese antitrust authorities had rejected an application by Maersk Line, Mediterranean Shipping Co. and CMA CGM to join forces in the P3 Network.
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Carriers seek rate hikes in Asia-Europe, as consumer demand picks up
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SHIPPING lines are seeking a general freight rate hike to stick in July on the Asia-Europe trade after prices on services to northern Europe picked up steam.
The latest figures from the Shanghai Containerised Freight Index show that freight rates on services from Shanghai to northern Europe increased by US$19 on a week ago to $1,202 per TEU.
Read more...Ba Ria - Vung Tau: Full development of logistics
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Decision 1360 dated July 2nd, 2014 on Master Planning to Develop Provincial Logistics Sector to 2020, orientation to 2030 has been issued by the Prime Minister and the People’s Committee of BR-VT. This is considered as both an action handbook for the province and a supporting premise for the restructure of production and business of the industrial coastal province of the Southeastern.
Read more...Logistics restructure investments for decisive battle
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Domestic logistics firms have got ready to compete with foreign service providers in Vietnam, the market which has been fully opened since January 11, 2014.
In late 2013, logistics firms heard that Gemadept, a well-known Vietnamese logistics and port development firm, decided to sell Gemadept Tower, a building covering an area of 16,000 square meters on Le Thanh Ton Street, district 1, HCM City to a South Korean partner for $45 million.
Etihad Cargo flies to Tanzania, Switzerland, U.S.
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Etihad Cargo announced more freight capacity in Tanzania, Switzerland and the U.S.
Etihad Cargo began a weekly freighter service to Dar es Salaam, Tanzania. On the return flight to Abu Dhabi, the freighter will stop in Nairobi.
Cathay ends Manchester freighter flights, opts for passenger bellyholds
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HONG KONG's Cathay Pacific has stopped freighter flights into Manchester because too much freight has been taken by passenger planes, which makes all-cargo planes economically unviable, said company cargo chief James Woodrow.
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Turkish Airlines adds flights to Münster as its 13th destination in Germany
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Becoming the 255th destination in 106 countries, Münster was added to the network, via an airport that is situated midway between the two cities Münster and Osnabrück and has easy ground access to both.
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