Leased box fleet outlook dims on demand drop, new price lows

Declining rental demand has lowered forecasts for growth of the global leased…

Draft memo aims to set in motion new PH de minimis rule

A draft Customs Administrative Order (CAO) that operationalizes the de minimis rule…

Ocean freight rates up 26% as carriers cut down on services

Spot freight rates have inched up across all routes, but some lanes…

Hapag-Lloyd capital restructuring for UASC merger gets shareholders’ nod

German shipping liner Hapag-Lloyd’s shareholders has approved the creation of new authorized…

Singapore’s July factory output slumps 3.6%

The manufacturing output of Singapore slipped 3.6% year-on-year in July 2016, as…

Some 60% of Asia’s SMEs lack financing access

Up to 60% of small businesses in the Asia-Pacific region do not…

Expansion of Thailand’s Suvarnabhumi Airport all set

Suvarnabhumi Airport’s management has signed a contract with three companies to expand…

Vietnam’s Jan-Jul trade surplus beat estimates

Vietnam saw a trade surplus of some US$2.25 billion in the first…

Box fleet prices predicted to plunge even deeper

Cheaper production and material costs as well as weaker demand have driven…

Automating BOC to cost P5B over 3 years: roadmap

The Philippine Bureau of Customs (BOC) needs about P5.21 billion over three…