Latest news on the shipping, logistics and cargo industry
PH gov’t sees sustained eco growth but stays alert for downside risks
The Philippine government is certain of continued growth in 2016 and the…
March 21, 2016
4 minute read
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
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