World freight forwarding market

World freight forwarding market to shrink 3.9% in 2023

The global freight forwarding market contracted 3.7% in real terms in 2022,…
Air cargo decline eases in June – IATA

Air cargo decline eases in June – IATA

Air cargo demand contraction slows in June 2023, according to the International…

PAL income skyrockets 257% in H1

Philippine Airlines will invest more in aircraft and service enhancements after its…
Cebu Pacific rebounds from loss to P3.8B income in 1H

Cebu Pacific rebounds from loss to P3.8B income in 1H

Cebu Pacific flies to net income of P3.75 billion in H1 2023,…

82% of DOTr 2024 budget to support infra projects

82% of the Department of Transportation’s proposed P214.3-billion budget for 2024 will…
Air fares to rise in Sept with surcharges adjusted up

NAIA T3 undergoes scheduled power interruption

Ninoy Aquino International Airport Terminal 3 is undergoing scheduled power interruption for…
Majority stake in AlisCargo

MSC acquires majority stake in AlisCargo before buyout

Mediterranean Shipping Company acquires a majority stake in AlisCargo as the first…
‘Build Better More’ infra program gets P1.15T in 2024 budget

‘Build Better More’ infra program gets P1.15T in 2024 budget

P1.148 trillion outlay has been proposed for the Marcos administration’s “Build Better…
With robust Q2 results

Maersk defies market gloom with robust Q2 results

Maersk beats expectations for Q2 2023 as the shipping sector reels from…
Standing firm despite Q2 challenges

Logistics keeps DHL standing firm despite Q2 challenges

DHL Group posted €20.1 billion revenue in Q2 2023, operating profit of…