PPA keeps pass to billionaires’ club with P2.2B in remittances for 2015

The Philippine Ports Authority (PPA) remitted P2.187 billion to the national coffers…

Purisima assures smooth takeover for incoming finance chief

The Department of Finance (DOF) welcomed the naming of Carlos Dominguez as…

ICTSI’s Iraq terminal upgrades operating system

Basra Gateway Terminal (BGT), the container terminal in Iraq of port operator…

Asia-Pacific carriers saw double-digit shrinkage in 2015 airfreight revenue

The cargo revenue of Asia-Pacific airlines declined last year by a significant…

Box traffic jumps at Vietnam’s Cai Mep port with 5 new service calls

Container volume has more than doubled in the first quarter of 2016…

Slower export decline for Singapore, export growth for Korea

The non-oil exports and reexports of Singapore in April 2016 had a…

Depressed rates push CMA CGM, Hapag-Lloyd into red territory

Despite volume growth, French liner CMA CGM reported a net loss of…

Freight forwarders still downcast about growth prospects

Air and sea freight movers continue to hold low expectations about the…

Box ship capacity projected to top 20 million TEUs this year

The container shipping fleet is expected to break through the 20 million…

Korean box carriers stagger from severe losses

South Korea’s two largest container carriers posted massive losses in the first…