Latest news on the shipping, logistics and cargo industry
Leased box fleet outlook dims on demand drop, new price lows
Declining rental demand has lowered forecasts for growth of the global leased…
August 31, 2016
2 minute read
Draft memo aims to set in motion new PH de minimis rule
A draft Customs Administrative Order (CAO) that operationalizes the de minimis rule…
August 30, 2016
3 minute read
Ocean freight rates up 26% as carriers cut down on services
Spot freight rates have inched up across all routes, but some lanes…
August 29, 2016
2 minute read
Hapag-Lloyd capital restructuring for UASC merger gets shareholders’ nod
German shipping liner Hapag-Lloyd’s shareholders has approved the creation of new authorized…
August 29, 2016
2 minute read
Singapore’s July factory output slumps 3.6%
The manufacturing output of Singapore slipped 3.6% year-on-year in July 2016, as…
August 29, 2016
2 minute read
Some 60% of Asia’s SMEs lack financing access
Up to 60% of small businesses in the Asia-Pacific region do not…
August 29, 2016
2 minute read
Expansion of Thailand’s Suvarnabhumi Airport all set
Suvarnabhumi Airport’s management has signed a contract with three companies to expand…
August 26, 2016
2 minute read
Vietnam’s Jan-Jul trade surplus beat estimates
Vietnam saw a trade surplus of some US$2.25 billion in the first…
August 25, 2016
1 minute read
Box fleet prices predicted to plunge even deeper
Cheaper production and material costs as well as weaker demand have driven…
August 25, 2016
2 minute read
Automating BOC to cost P5B over 3 years: roadmap
The Philippine Bureau of Customs (BOC) needs about P5.21 billion over three…
August 24, 2016
5 minute read
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