Hapag-Lloyd reports $1.45B profit in first quarter

Net income improved to US$1.45 billion in the first quarter from $27…

Truck ban in Metro Manila returns starting May 17

The Metropolitan Manila Development Authority is reimposing the truck ban in Metro…

ARTA drafts circular on single travel pass for cargo trucks

The Anti-Red Tape Authority has drafted a joint memorandum circular prescribing guidelines…

Reefer freight prices escalate but still no match to dry freight rates

Weighted average of reefer freight rates jumped 26% in the first quarter…

NCR Plus under GCQ with “heightened restrictions” until end-May

NCR Plus (National Capital Region, Cavite, Laguna, Batangas and Rizal) is under…

Asia Pacific forwarding market to see fastest growth over five years

The regional freight forwarding market contracted by 8.5% last year Projected growth…

Kuehne+Nagel acquires Apex in $1.2B deal

Acquisition of Apex completed after satisfying all closing conditions Significant fulfillment of…

PortCalls May 12, 2021

Our latest issue (PortCalls; May 12 2021.) Stories include: PH stays in…

PH fresh okra to enter South Korean market

The Philippines will start exporting okra or lady’s fingers to South Korea…

EO signed raising pork import MAV to 254,210 MT

President Rodrigo Duterte has signed Executive Order No. 133 increasing the MAV…