Hapag-Lloyd reports 66% drop in operating profit in 2016

Despite higher volumes, Hapag-Lloyd witnessed a steep fall in operating profit in…

ADB: Asia infrastructure gap surpasses $1.7T per year

Infrastructure needs in developing Asia and the Pacific will exceed US$22.6 trillion,…

WTO members commit to advance work on implementing TFA

  Following the entry into force of the World Trade Organization’s Trade…

US policy shifts inject uncertainty into global economic outlook, says Moody’s

The global economy will expand this year as emerging markets experience modest…

Draft customs order sets new rules for movement of goods in free zones

The Department of Finance (DOF) and the Bureau of Customs (BOC) have…

PH logistics stakeholders bare industry prospects for 2017

Cargo transport service providers in the Philippines are keeping a positive but…

Davao box terminal eyes throughput recovery in 2017

Davao International Container Terminal (DICT) expects to breach the 300,000 twenty-foot equivalent…

Singapore Customs applies new excise duties on diesel fuels

New excise duties have been imposed on diesel fuels by Singapore Customs,…

Launch of Indonesia’s Kertajati Airport to experience slight delay

The Kertajati International Airport on the northeastern coast of West Java, Indonesia,…

Boxship deliveries seen to enter era of languid growth

After increasing each year since 2011 to reach record levels in 2015,…