With air cargo traffic in Asia growing continuously, DHL Express will set up a new facility in Singapore in the first quarter to complement its Central Asia Hub in Hong Kong
In 2014 Asian ports were hit with congestion. With reduced box volumes, terminal congestion has fallen by the wayside. But the issues inherent to a twisted and choked supply chain are still in place. Terminal productivity is the key, but is it enough to unlock port potentials?
With the unprecedented and staggering pace of growth in online purchases, Hong Kong’s Hactl has entered the arena with the aim of getting a slice of the e-commerce pie.
The recent government decision to free up 18.54 hectares of land at Hong Kong port for use by container terminal operators will help ease the congestion that is caused mainly by member lines of the alliances.
The battle lines have been drawn as competition heats up between the three air cargo terminals at Hong Kong International Airport as they try to boost their market share.
Since its formation, IAG Cargo has seen dramatic growth in Latin America and the Asian region and is continuing to add more capacity to Latin America as demand continues to grow while in Asia, where IAG Cargo has a comprehensive network, further growth hinges on the performance of China
Major container terminal operators around the world continue to struggle with congestion even with the end of the peak season because of the pile-up of boxes in storage yards.
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