Three of the biggest ocean carriers in the container trades have established an operational space-sharing alliance, known as the P3 Network, on major East-West routes.

CaroTrans, an international non-vessel operating common carrier and ocean freight consolidator, has entered into an agency agreement with Multifreight Consolidator System Inc. (MFCSI), an NVO in the Philippines market.

The International Air Transport Association released figures for airfreight markets in April which showed modest growth of 1.4 percent compared to April 2012. This small increase helped to offset the 2.6-percent decline recorded in March compared to the year-ago period. And it continues an 18-month trend of basically no growth in the cargo markets.

Deciding to switch from a home-grown Excel application to a vendor-provided APS tool is not easy.

DHL supply chain has committed to a $12.8m investment in its Vietnam operations, to be completed by 2015.

Average global freight rates have fallen to a 15-month low, according to Drewry's new online Container Freight Rate Insight.