Latest news on the shipping, logistics and cargo industry
Domestic airlines lift 54% less cargo in first 9 months
Cargo volume handled by domestic airlines dropped 54% in the first nine…
November 30, 2020
3 minute read
Asia-to-US freight rates surge 117% on strong demand
On the trans-Pacific trade from Asia to North America, volumes on the…
November 30, 2020
3 minute read
Container shortage felt in Vis-Min; Manila with “healthy stock”
• Manila ports have a “healthy stock of containers” to serve exports…
November 29, 2020
3 minute read
PH shipowners to enjoy waived port fees from Dec 1
Starting Dec 1, the Philippine Ports Authority will waive some port fees…
November 28, 2020
3 minute read
Volatiles rates, tight capacity seen on key shipping lanes in 2021
• Shippers will in the near term face high rates, space and…
November 28, 2020
2 minute read
Domestic trade contracts more than 60% in Q3
Domestic trade plunged 61.6% in quantity and 60.1% in value in the…
November 27, 2020
3 minute read
High airfreight rates to stay amid capacity squeeze, coming vaccine
Airfreight space is improving but will remain tight until belly capacity in…
November 27, 2020
2 minute read
Zuellig expanding vaccine storage capacity in Asia, including PH
Zuellig Pharma to beef up cold storage warehouse capacity in key regional…
November 27, 2020
3 minute read
PAL eyes court protection from creditors
Philippine Airlines plans to seek court protection as it grapples with mounting…
November 26, 2020
2 minute read
MacroAsia, Chinese partner submit final docs for Sangley airport project
MacroAsia and China Communications Construction JV has submitted its consortium agreement for…
November 26, 2020
2 minute read
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