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Latest news on the shipping, logistics and cargo industry

PH box volumes higher in 2014 despite congestion, truck ban

Cargo volume at Philippine ports grew 5% in 2014 to 211.2 million…
  • February 28, 2015
  • 2 minute read

Senate bill opening PH ports to foreign vessels ok’d on 3rd reading

The Senate has approved on third and final reading the bill that…
  • February 28, 2015
  • 4 minute read

Malaysia’s Westports on lookout for M&A deals within ASEAN

Port operator Westports Holdings of Malaysia is eyeing a merger and acquisition…
  • February 27, 2015
  • 3 minute read

Maersk Line earned $2.3B in 2014, prepares to buy more ships

Danish carrier Maersk Line said it intends to place more orders for…
  • February 26, 2015
  • 2 minute read

Asia-US carriers to impose rate hikes arising from higher costs post-congestion

Member-carriers in the Transpacific Stabilization Agreement (TSA) announced they plan to see…
  • February 26, 2015
  • 2 minute read

PPA monitors slip in yard utilization at Manila ports

Yard utilization at international terminals in the Port of Manila continues to…
  • February 25, 2015
  • 2 minute read

Los Angeles, Long Beach seek closer ties after US West Coast labor dispute

With the dispute at the U.S. West Coast ports ironed out and…
  • February 25, 2015
  • 3 minute read

Chinese New Year props up business for Asia-Pacific airlines

Airlines in the Asia-Pacific reported growth in both air cargo demand and…
  • February 25, 2015
  • 2 minute read

Sliding volumes to pull down Asia-ECSA freight rates—Drewry

Drewry predicts that container freight rates from Asia to the East Coast…
  • February 25, 2015
  • 2 minute read

Hanjin still withdrawing despite end to West Coast stalemate

Despite the initial contract deal reached by U.S. West Coast terminal operators…
  • February 23, 2015
  • 2 minute read