Latest news on economy impacting shipping and logistics
Maersk beats Q2 targets, ups 2022 guidance
Maersk surpasses second-quarter 2022 forecasts with revenue rising to US$21.7 billion as…
August 2, 2022
3 minute read
ONE posts record US$5.5B first-quarter profit
ONE reported a record first-quarter profit of US$5.499 billion for FY2022, up…
August 1, 2022
3 minute read
PH manufacturing dips in July amid contraction in new orders
Production levels fell in July amid fresh contractions in new orders The…
August 1, 2022
2 minute read
LA port holds dwell fee as ageing boxes increase
Port of Los Angeles and neighboring Port of Long Beach have postponed…
July 31, 2022
3 minute read
Demurrage fee bleeds shippers as containers pile up
Experts say containers piling up at warehouses amid weak global demand incur…
July 28, 2022
3 minute read
Iris Logistics sets August launch of intra-Asia service
Iris Logistics, Inc.’s MV Iris Paoay will start an intra-Asia service in…
July 27, 2022
2 minute read
3 stalled railway projects for resubmission to NEDA
Three stalled railway projects whose requests for China funding have been pulled…
July 27, 2022
3 minute read
DSV sees first-half EBIT double to US$1.9B
Gross profit grew 61% year on year US$3.68 billion in the first…
July 26, 2022
2 minute read
Kuehne+Nagel defies volatile supply chains to post strong H1
Net turnover in first half of 2022 at CHF20.6 billion (US$21.4 billion);…
July 26, 2022
3 minute read
Marcos SONA: Railways expansion priority in infrastructure-building
President Ferdinand Marcos Jr. will focus on developing the Philippines’ railway system…
July 26, 2022
3 minute read
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