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Global Logistics Properties profit tumbles 29 percent HONG KONG — Despite accelerating China business, Global Logistics Properties (GLP) reported a 29 percent fall in net profit for the year ending March 31, mostly due to profit sharing with the consortium of investors that own a 33.8 percent stake in GLP China.The Singapore-listed property developer made […]

GAC Netherlands opens new offices to tap oil & gas sector GAC Netherlands is expanding its range of services with the opening of two new branches to offer air freight solutions at one of northern Europe’s key airports and dedicated support for the North Sea oil & gas sector. From 15 June, the newly opened Schiphol […]

Food safety loophole found in Hong Kong ocean shipments HONG KONG — In January, 10 boxes of Japanese carrots were imported into Hong Kong from Chiba prefecture in Japan through the Kwai Tsing container terminal and found their way to market in the city, part of 15,000 tons of annual fruit and vegetable imports from […]

Supply Chain Challenges and Solutions Addressed During Transplace’s 13th Annual Shipper Symposium Transplace, a leading provider of transportation management services and logistics technology, wrapped up its 13th annual Shipper Symposium in Dallas last week. General Motors Chairman Tim Solso and other leading supply chain and business visionaries addressed current transportation and economic issues, including the […]

China’s taste for premium wine drives up Australian exports HONG KONG — Australia’s wine exports to China rose 20 percent in the 12 months ending March as China continued to shrug off austerity measures imposed in 2013 as part of Beijing’s corruption crackdown. Exports to China grew to 44 million liters in the past year, […]

Asia expansion pushes Dachser ocean volumes up 20 percent HONG KONG — Global logistics provider Dachser grew its Asia-Pacific ocean freight by 20 percent in a solid first quarter as the company expanded its regional network.The double-digit growth in year-over-year volumes saw Dachser handling 203,000 TEUs in Asia, with the total number of air and […]

Shippers start to see advantages of Shanghai FTZ HONG KONG — The benefits of shipping through the Shanghai Free Trade Zone are starting to become apparent more than two years after Beijing first launched the pilot project.To great fanfare and hype, the pilot Shanghai Free Trade Zone threw open its doors in 2012, but the […]

Metals man: Detective tracks scrap-cargo thieves DANA POINT, California–Hollywood may never make a movie about Ben Garcia, a civilian investigator at the Los Angeles County Sheriff’s Department, but buyers, sellers and transporters of metal in Southern California have no better friend. “I chase stolen metal,” Garcia told the annual meeting of the American Copper Council […]

A DNA change for West Coast shippers Data such as West Coast-East Coast market share, volumes and growth rates will ultimately tell the story of how damaging the months-long longshore labor standoff was for West Coast ports. Was the nearly year-long stretch of disruption and uncertainty a one-time episode in the minds of shippers that […]

Overseas warehouses drive up Hong Kong e-commerce sales, eBay study finds HONG KONG — Hong Kong sellers using global e-commerce platform eBay have embraced overseas warehouses as a way of boosting sales and avoiding disruption and rising logistics costs during peak shipping seasons.By the end of last year, more than a quarter of Hong Kong […]