Canadian National Railway Tuesday said it had third quarter profit of C$552 million ($460 million), 14 percent higher than the C$485 million earned in the comparable 2007 period. R……
An executive with French liner carrier CMA CGM has suggested that slow steaming as a way to cut fuel costs is here to stay for the foreseeable future. In an interview in the Septem……
OOCL said third quarter improved 5.9 percent over the year-earlier period. Revenue increased 15.6 percent to $1.6 billion. With only a 1.9 percent increase in loadable capacity, th……
Chinese exporters, faced with dwindling foreign orders amid global economic slowdown, are diverting their attention to domestic markets. At the ongoing Canton Fair, China's leading……
China led the trade boom between Asian countries and the European Union (EU) over the last seven years, the EU's statistics bureau Eurostat announced Monday, four days ahead of an ……
Singapore-based shipping line APL said Tuesday it is reducing capacity and reorganizing its global network to better align with slowing container demand. The moves were made, the c……
Maersk Line said Tuesday it would be reducing capacity on the highly seasonal Asia/Latin America trade. The Danish ocean carrier said it will combine two loops serving the trade --……
Cargo 2000 is increasing its presence in China following the decision of Tianjin AirCargo Terminal (TAT) to join its air cargo quality improvement program. TAT says joining Cargo 2……