Box liners reap windfall as fuel cost decline outpaces rate erosion

Revenues for almost all major ocean carriers deflated midway through the year,…

SBMA launches e-Bills, payment system for locators

Subic Bay Metropolitan Authority (SBMA) recently launched its electronic Billing and Payment…

Singapore’s August non-oil exports contract 8.4%

Non-oil domestic exports (NODX) of Singapore fell 8.4% year-on-year (y-o-y) in August…

Indonesian port launches one-stop service to improve dwell time

State-owned port operator PT Pelabuhan Indonesia III (Pelindo III) has adopted a…

Malaysian gov’t unveils ‘proactive’ measures to protect economy

Malaysia’s Prime Minister Datuk Seri Najib Tun Razak announced recently specific and…

FedEx soars to top as busiest airfreight carrier

U.S.-based Federal Express (FedEx) emerged as the most active air freighter in…

PH shipping lines asked to cut cargo, passenger rates

The Maritime Industry Authority (MARINA) has once again directed Philippine shipping lines to adjust…

Hong Kong leads countries with greatest economic freedom

The state of Hong Kong is once again the most economically free…

Vietnamese firms reap single window perks—Customs

Vietnam Customs said the launch of the country’s National Single Window (NSW)…

G6 blanks 5 more Asia-Europe sailings in peak season

In another bid to prop up sliding freight rates on this overcrowded…