Additional vessel allows direct shipping connectivity
BINTULU: The launch of China Philippine Malaysia (CPM) Service by Evergreen Marine Corporation (EMC) complements the existing direct shipping service provided by Taiwan Philippine Indonesia (TPI) Service from Bintulu International Container Terminal (BICT), Bintulu...
Is Air Cargo Shrinking or Growing? Opinions Vary Amongst Freight Forwarding and Logistics Experts
US – GERMANY – WORLDWIDE – This week, the FedEx Corporation posted its third quarter results which showed its net income drop 31% from $521 million last year to £361 million, as of February 28. Contrary to a recent report by the International Air Transport...Malaysia Palm Exports Decline at Slower Pace on Zero Export Tax
Palm oil exports from Malaysia, the second-largest producer, fell 7 percent in January from December, with the pace of decrease slowing as the month progressed amid a zero duty on shipments, according to data from Intertek today. Shipments dropped to 1.46 million...Malaysian logistics seen growing 9.5% to RM139.74bil by value this year
KUALA LUMPUR: The Malaysian logistics industry is expected to grow 9.5% to RM139.74bil by value this year compared with RM127.66bil in 2012, due to strong sustainable economic growth in the country and strong intra-Asian trade, said business consulting firm Frost & Sullivan.
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