Asia-Pacific

Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.

The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more.

Looking ahead, Taiwanese ocean carrier Yang Ming said that “the overall momentum for economic recovery over the next two years still appears relatively weak.”

Ocean carrier HMM attributed much of its first-half net-profit nosedive of 90% to overcapacity in the container shipping industry.

Container lines did not manage post-boom vessel capacity as well as expected. In the trans-Pacific, they may be belatedly getting the hang of it.

Expectations for peak season have waned, but container lines may have bounced off the bottom.

Tanker shipping sanctions compliance is getting a lot more complicated as the price of Russian crude oil rises.

Declining demand for Chinese exports and reduced stimulus options threaten bulk commodity import prospects.

U.S. and EU antitrust authorities are worried about reduced cargo competition from a merger between South Korea’s top airlines.

FedEx Express is quadrupling throughput at one of its airport gateways in Australia.

Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.

Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.

Shipping line NYK says operating Nippon Cargo Airlines is too expensive and plans to sell it to another Japanese carrier.

HMM acknowledged that “freight rates in most key trade lanes have been under downward pressure since H1 2022.”

A weaker-than-normal shipping season is hurting Cathay Pacific Cargo’s ability to recover from the pandemic.

Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.

“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.

Cargo continued to dominate the passenger side at Korean Air during the third quarter.

Investors behind Vietnam’s first domestic cargo airline, IPP Air Cargo, have grounded operations before ever taking off.

Maersk is a giant in the ocean shipping industry. It is also heavily investing to grow its all-cargo airline.

China-based Zongteng Group has acquired a large cargo jet to enhance its global e-commerce logistics distribution capabilities.

FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.

Shipping line Maersk has completed the $3.6 billion takeover of Asian retail distribution specialist LF Logistics.

A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.

OOIL reports record revenue but has “legitimate concerns about the impact of inflation and interest rate rises on consumer spending.”

Ocean carrier HMM announced Thursday it will invest $7.5 billion over the next five years on ships, terminals and logistics facilities.

FreightWaves founder and CEO Craig Fuller assesses the potential for a “great purge” in trucking fleets.

FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.

FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.

FreightWaves founder and CEO Craig Fuller lays out the premise of Freedom Trade.

China’s zero-COVID policy is a prescription for more inflation and supply chain “illness.”

Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.

COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won’t be clear until this summer.

FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.

FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.

Cargo is piling up at the Port of Shanghai because a citywide quarantine means most trucks can’t reach the port to pick up loads and keep commerce flowing.

The ripple effects on logistics from Shanghai’s quarantine are being felt beyond the city as companies try to redirect freight to alternative import/export gateways.

The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.

Chinese President Xi is intent on eradicating COVID. The policy has come at a high economic cost. A new lockdown in Kunshan could threaten electronics production and further snarl ocean and air transport.

Shippers should brace for “skyrocketing haulage costs,” HLS Holding warns.

Current CEO Jae Hoon Bae was not mentioned in the announcement that Kyung-bae Kim will succeed him.

Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.

Cathay Pacific is a once-proud airline hanging on for dear life.

Donald Trump claimed his trade war got the Chinese to bend to U.S. will. But the “historic” trade deal he negotiated didn’t turn out so well.

“International collaboration is essential to decarbonize global supply chains. It’s time to get started on this important work,” said Gene Seroka, executive director of the Port of Los Angeles.

“The global supply chain will be further strained because of these lockdowns in China and the result would be a further gap in global demand and supply,” says Container xChange CEO Johannes Schlingmeier.

More COVID control measures in China are impacting international goods movement.

A small COVID outbreak is curtailing industrial operations in the Chinese city of Ningbo and the port could soon feel the ripple effects.

Cathay Pacific is running out of pilots for its freighter operations because of stricter quarantine measures.

“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.

Making freight and logistics activities sustainable in the Asia-Pacific region is anything but simple.

“This record result was achieved despite severe congestion around the network,” says the Hong Kong ocean carrier.

Yes, despite the headaches, the ocean carriers are making boatloads of money.

With limited manpower because of COVID, the main cargo terminal at Shanghai airport can’t process many freighter flights.

Shanghai, the largest container port in the world, has stopped operations because of a big storm.

“This collaboration brings us closer to another source of data and another way to look at last-mile problems.”

Rudolf Diesel and his engine are profiled in this FreightWaves Classics article.

Matson has been serving the Pacific Ocean since 1882. Read a profile of the company in this FreightWaves Classics article.

U.S. Customs and Border Protection has a key role in keeping the U.S. safe and international commerce moving.

The Federal Railroad Administration is profiled in this FreightWaves Classics article.

The Port of Chicago is profiled in this FreightWaves Classics article.

Today marks the 71st anniversary of the beginning of the Korean War. Read about the logistics of the war in this FreightWaves Classics article.

The Port of Long Beach celebrates its 110 birthday today! Read a profile of the port in this FreightWaves Classics article.

FreightWaves Classics profiles the Federal Maritime Commission, which regulates the international ocean transportation supply system in regard to the U.S.

The Port of Los Angeles is the busiest port in the Western Hemisphere. Learn a few facts about the port’s history in this FreightWaves Classics article.

The cranes cost $21.6 million to construct; a price tag on vessel and cargo damage has not yet been estimated.

Crowley Maritime began with a rowboat and is now a global powerhouse. Read how that happened in this FreightWaves Classics article.

Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it is offering end-to-end logistics services to other companies.

To honor our fallen heroes, this special FreightWaves Classics for Memorial Day 2021 looks at logistics in all U.S. branches of the U.S. military.

Doing business in China is tricky and companies could get sucked into the political quicksand, so best to have an exit strategy to avoid reputational risk, experts say.

A search is ongoing for three missing crew members from a roll-on/roll-off vessel that sank after colliding with a tanker.

Malcom McLean revolutionized transportation with the intermodal container. Read about him in this FreightWaves Classics article.

FreightWaves and Turvo announced that FreightWaves SONAR will be added to the Turvo collaborative logistics platform.

The Port of Virginia is a key U.S. port. Read about it in this FreightWaves Classics article.

TIP was the leader in trailer leasing for decades. Find out what happened to the company in this FreightWaves Haul of Fame article.

The Port of Oakland pioneered intermodal container imports/exports in the 1960s. Read more about another of America’s key ports.

The U.S. trucking industry grew in the years following World War I. Nonetheless, the industry was still in its early days, and railroads were the primary method of transportation for […]

The city and port of Miami are the U.S. gateways to the Caribbean, Central and South America. Today, Miami is a bustling, cosmopolitan city in a state with approximately 21.5 […]

The Port of Baltimore has been contributing to the local and national economies for over 315 years. Read more about this key U.S. port.

BAX Global began life as a railroad subsidiary. Read its interesting history in this FreightWaves Classics feature.

Port Houston is one of the youngest and busiest ports in the United States. Read about its history in this FreightWaves Classics article.

DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume. The […]

Pearl service customers’ imports likely will be delayed arriving from Asia.

Container cargo is stacked at the Port of Seattle. Note the Space Needle in the background. (Photo: Northwest Seaport Alliance)

The Great Lakes-St. Lawrence Seaway is an important artery of global trade for the United States and Canada. Learn more about it in this FreightWaves Classics feature.

The Port of Detroit generates revenue for the city and state. Read why in this FreightWaves Classics article.

Longistics started with one truck in 1984. Nearly 40 years later, the innovative company is a leader in many ways. Read the inspiring story.

Hong Kong has ratcheted up quarantine requirements on inbound pilots, escalating tensions with the U.S. and impacting the operations of express carriers UPS and FedEx.

The Port of Savannah dates to 1744. But its history is only part of the story in this FreightWaves Classics article.

The German logistics giant forecasts more than $7 billion in operating profit as far out as 2023.

FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.

Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.

Kuehne + Nagel is on a mission to get bigger in Asia. Two deals this week in China are helping to make that possible.

Kuehne + Nagel is the second-largest logistics services provider in the world. It just got bigger, swallowing up Hong Kong’s Apex International.

Air crews don’t like flying to Hong Kong these days because COVID testing there is invasive and they could end up in mass quarantine facilities. UPS pilots are testing a new rapid antigen test that could alert them in time to stay out of Hong Kong.

S.F. Express is growing its domestic Chinese parcel business at a dizzying rate. The acquisition of a large Hong Kong logistics company helps it expand overseas.

Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.

The discharging of damaged containers continues nearly two months after the storm-battered ONE Apus arrived in Japan.

Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.

SONAR is the leading freight forecasting platform. Two recently added SONAR indices are proving very useful to SONAR subscribers. Learn more.