Latest news on the shipping, logistics and cargo industry
Strong holiday season lifts FedEx 3Q earnings
Tennessee-based package delivery service FedEx Corp. reported adjusted earnings of US$692 million,…
March 21, 2016
2 minute read
Lufthansa Cargo profit plunges 40% on market overcapacity
The Lufthansa group generated consolidated revenues of EUR32.1 billion (US$36.2 billion) in…
March 21, 2016
2 minute read
Batangas terminal posts record 2015 growth
Batangas Container Terminal (BCT) said it sustained its growth momentum in 2015,…
March 21, 2016
2 minute read
DTI eyes advisory body to supervise execution of logistics masterplan
The Philippine Department of Trade and Industry (DTI) plans to establish a…
March 21, 2016
5 minute read
PSA Int’l labels 2015 ‘bewildering’ as profit drops 9.5%
Global port operator PSA International Pte Ltd (PSA) said it saw a…
March 21, 2016
2 minute read
Indonesia, Australia agree to resume stalled economic cooperation dialog
The governments of Indonesia and Australia will reactivate talks on the Indonesia-Australia…
March 21, 2016
3 minute read
Malaysia crafting master plan to revive local maritime industry
The government of Malaysia is working on a master plan to develop…
March 19, 2016
2 minute read
Some PH meat imports now require pre-clearance from Office of Customs Commissioner
The Bureau of Customs (BOC) has mandated that Philippine imports of meat…
March 18, 2016
3 minute read
Moody’s lowers global shipping outlook to negative
In a move that is hardly surprising, global credit rating agency Moody’s…
March 18, 2016
2 minute read
Asia’s airports log 3.3% freight growth in January
Asia-Pacific’s airports posted a slight increase in total air freight traffic for…
March 18, 2016
2 minute read
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