Latest news on the shipping, logistics and cargo industry
Freeze Manila port expansion to steer more cargo to Batangas, Subic, urge experts
A government think tank suggests suspending any plans to further expand Manila…
April 12, 2015
3 minute read
‘New mediocre’ in global trade spells trouble for developing nations, says IMF
The global economy faces the possibility of decelerated growth, and emerging and…
April 11, 2015
2 minute read
ICTSI Oregon in second setback as Hapag-Lloyd abandons Portland too
Terminal operator ICTSI Oregon, Inc. (IOI) has expressed regret over the decision…
April 11, 2015
3 minute read
Favorable winds of February bolster air cargo, passenger traffic
Results for February reflect how the U.S. port congestion had opened up…
April 11, 2015
2 minute read
Emerging economies face declining output growth, says IMF study
Lower potential growth has become a new reality where emerging market economies…
April 8, 2015
2 minute read
Asia-Europe box contract rates up for first time in years
Contract rates on key East-West trade lanes have gone up for the…
April 8, 2015
2 minute read
FedEx makes $4.8-B offer to buy TNT Express
Tennessee-based FedEx Corporation and Europe’s TNT Express N.V. announced on April 7…
April 7, 2015
2 minute read
K Line, MOL introduce new chiefs, management plans as challenges grow
Japanese shipping firms Kawasaki Kisen Kaisha (“K” Line) and Mitsui O.S.K. Lines…
April 6, 2015
3 minute read
Shipping sector reveals strong apprehensions in new survey
Overall confidence levels in the shipping industry fell during the three months…
April 6, 2015
4 minute read
Dockworkers’ caucus votes yes to proposed US West Coast labor deal
Delegates from the International Longshore and Warehouse Union (ILWU) have voted to…
April 6, 2015
2 minute read
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