Liner shipping service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 per cent, according to Carrier Performance Insight, an online schedule reliability tool provided by Drewry Supply Chain Advisors. Source: Drewry Carrier Performance Insight (http://cpi.drewry.co.uk) The latest result represents an 8.5 percentage point gain over February and is the second best average (after October 2014) since … [Read more...] about Shipping schedule reliability improving
K Line
Japanese freight firms fined for price fixing
Singapore's competition watchdog has imposed penalties over US$7 million on 10 Japanese freight forwarders for price fixing. The Competition Commission of Singapore (CCS) said in a statement that 11 companies were fixing prices and exchanging price and customer information concerning air freight forwarding services for the Japan-Singapore route. DHL was the only freight forwarder to escape being penalised as it qualified for full immunity under CCS's leniency programme. The programme … [Read more...] about Japanese freight firms fined for price fixing
“K” Line takes majority stake in Air Tiger Express
Kawasaki Kisen Kaisha, ("K" Line) a Japanese logistics and ocean shipping company has acquired a 51 per cent stake in US-based logistics service provider Air Tiger Express Companies (ATEC). "K" Line said its capital participation in ATEC is aimed at enhancing the "K" Line Group's freight forwarding business and significantly expanding revenue opportunities together with its own logistics operations. ATEC, headquartered in New York conducts business in the US, China and elsewhere, with a … [Read more...] about “K” Line takes majority stake in Air Tiger Express
"K" Line takes majority stake in Air Tiger Express
Kawasaki Kisen Kaisha, ("K" Line) a Japanese logistics and ocean shipping company has acquired a 51 per cent stake in US-based logistics service provider Air Tiger Express Companies (ATEC). "K" Line said its capital participation in ATEC is aimed at enhancing the "K" Line Group's freight forwarding business and significantly expanding revenue opportunities together with its own logistics operations. ATEC, headquartered in New York conducts business in the US, China and elsewhere, with a … [Read more...] about "K" Line takes majority stake in Air Tiger Express
