CargonewsXpress - Edition 1455

If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1455 Headlines Transpac liner groups get FMC approval for merger Striking HK dock workers turn up the rhetoric Don't grow at our expense, Long Beach tells LA Freight rates plunge to 14-month low Singapore to simplify trade network Kuehne + Nagel seeks growth outside western Europe DHL Express names Tan as Asia-Pac CFO Contents Transpac liner groups get FMC approval for merger The Federal Maritime Commission in the United States has approved the merger of two container line lobby groups that together control most of the containerised cargo shipped between Asia and America. Striking HK dock workers turn up the rhetoric Striking Kwai Tsing dock workers are apparently growing impatient with the situation, threatening to escalate their action if management fails to "show sincerity" in the next round of pay talks. Don't grow at our expense, Long Beach tells LA Just before officials at the Port of Los Angeles unanimously approved a plan for a vast new railyard last month, the mayor of Long Beach was incensed. Freight rates plunge to 14-month low Rates for shipping container freight from Asia to Northern Europe fell by more than 12 percent this week to a 14-month low, a level at which most shipping firms lose money. Singapore to simplify trade network From going paperless in a bigger way to streamlining its online TradeNet system, the Singapore Customs is looking to make it faster and easier for traders to ship their goods. Kuehne + Nagel seeks growth outside western Europe Kuehne & Nagel International today reported a five percent increase in first-quarter sales despite difficult market conditions, and said it expects growth this year to come outside of western Europe. DHL Express names Tan as Asia-Pac CFO Global logistics company DHL has appointed Dennis Tan as chief financial officer (CFO) for DHL Express, Asia Pacific.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved.