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NEW YORK -- Asia’s peak shipping season kicked off with pilot strikes, rate increases and reports of tight space conditions in some areas, particularly in regions that route cargo through transit hubs.

A strike by Polar Air Cargo pilots is expected to last through the peak season and cut freighter capacity out of Shanghai, Hong Kong, Japan and Korea, said Trans Global Logistics USA, a major freight forwarder. Japan Airlines and Asiana immediately imposed rate increases after the strike was announced Sept. 16. The full impact of the strike is expected to hit toward the end of the month, TGL said.

Carriers are also hiking fuel surcharges by as much as 67 cents per kilogram.

Furthermore, there is typically a surge in air freight prior to the Chinese National Holiday celebration, which runs from Oct. 1-7. Shanghai and Hong Kong are among the areas expected to feel the brunt of peak season traffic, particularly due to high volumes of electronics goods. TGL advised allowing an extra one or two days of transit time for freight routing through Asian transit hubs because of congestion.

ST. PETERSBURG, FL -- Jabil Circuit Inc. yesterday reported net earnings rose 59% on a 25% jump in sales for its fiscal fourth quarter. Jabil, a top-tier electronics manufacturing services provider, said net income was $70.5 million, in the August quarter, and revenue was $2.04 billion.

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SANTA BARBARA, CA -- A California nanotech firm has launched an RoHS-compliant solution to printed circuit board failure.

Proprietary technology from Interface Sciences Corp. uses dense molecular arrangement on the nanoscale in addition to the use of unconventional molecules.

Dr. Damon Brink, ISC's chief science and technology officer said, the concept "leads to a stronger, more reliable product at a fraction of the cost, while enabling low-cost resin and material systems to be used in high-performance boards assembled with lead-free solder."

The firm said the solution mediates problems stemming from the use of lead-free solders.
 
Interface Sciences is an early-stage nanotechnology commercialization company holding platform technologies that were developed by a major government laboratory. The company's emphasis is on materials and surface innovation at the nanoscale.


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PHOENIX -- Suntron Corp., the EMS supplier, today announced that its application to transfer its stock listing to the Nasdaq SmallCap Market has been accepted. The company will be traded under the ticker name SUNN.

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GREENVILLE, SC -- Kemet Corp. and Taiyo Yuden will cross-market each other's lines of passive components, furthering the longstanding relationship between the two companies.

In a statement released today, the firms said pricing will be "independent and competitive," a possible nod to anti-trust laws.
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SAN JOSE -- The 90-day moving average orders of North American-based manufacturers of semiconductor equipment was $1.12 billion, up 11% from July and good for a book-to-bill ratio of 1.05.

The 90-day average of worldwide billings was $1.07 billion, down 1% sequentially and 29% from a year ago,
according to the trade group SEMI.
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