PortCalls (November 30, 2020)

Our latest issue PortCalls (November 30, 2020). Stories include: High airfreight rates…

Global express market to grow at CAGR of 7.5% in 2020-2024

Global express & small parcels market will expand by a compound annual…

Metro Manila, 7 other areas under GCQ in Dec

 • Metro Manila, Batangas, Iloilo City, Tacloban City, Lanao del Sur, Iligan…

Domestic airlines lift 54% less cargo in first 9 months

Cargo volume handled by domestic airlines dropped 54% in the first nine…

Asia-to-US freight rates surge 117% on strong demand

On the trans-Pacific trade from Asia to North America, volumes on the…

Container shortage felt in Vis-Min; Manila with “healthy stock”

• Manila ports have a “healthy stock of containers” to serve exports…

PH shipowners to enjoy waived port fees from Dec 1

Starting Dec 1, the Philippine Ports Authority will waive some port fees…

Volatiles rates, tight capacity seen on key shipping lanes in 2021

• Shippers will in the near term face high rates, space and…

Domestic trade contracts more than 60% in Q3

Domestic trade plunged 61.6% in quantity and 60.1% in value in the…

High airfreight rates to stay amid capacity squeeze, coming vaccine

Airfreight space is improving but will remain tight until belly capacity in…