Latest news on the shipping, logistics and cargo industry
Pact transferring PH sea freight forwarders’ accreditation to DOTC close to approval
A draft order that will effectively transfer the work of accrediting sea freight…
May 23, 2016
3 minute read
PH beats expectations, posts GDP growth of 6.9% in Q1
The Philippines’ gross domestic product (GDP) grew 6.9% in the first quarter…
May 23, 2016
3 minute read
Asia-Pacific carriers saw double-digit shrinkage in 2015 airfreight revenue
The cargo revenue of Asia-Pacific airlines declined last year by a significant…
May 23, 2016
2 minute read
Box traffic jumps at Vietnam’s Cai Mep port with 5 new service calls
Container volume has more than doubled in the first quarter of 2016…
May 23, 2016
2 minute read
Slower export decline for Singapore, export growth for Korea
The non-oil exports and reexports of Singapore in April 2016 had a…
May 23, 2016
3 minute read
Depressed rates push CMA CGM, Hapag-Lloyd into red territory
Despite volume growth, French liner CMA CGM reported a net loss of…
May 22, 2016
3 minute read
Freight forwarders still downcast about growth prospects
Air and sea freight movers continue to hold low expectations about the…
May 20, 2016
2 minute read
Box ship capacity projected to top 20 million TEUs this year
The container shipping fleet is expected to break through the 20 million…
May 20, 2016
2 minute read
BOC to shut down e2m from May 21-22
The Philippine Bureau of Customs (BOC) will be shutting down its electronic-to-mobile…
May 19, 2016
2 minute read
Korean box carriers stagger from severe losses
South Korea’s two largest container carriers posted massive losses in the first…
May 18, 2016
2 minute read
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