TransPac container premium surcharges accelerate amid space shortage

Premium service surcharges have brought all-in rates above US$10,000 per FEU for…

PortCalls May 17, 2021

Our latest issue (PortCalls; May 17 2021.) Stories include: ARTA drafts circular…

Asian ports dominate ranks of world’s most efficient container ports

East Asian ports, led by Yokohama in Japan, dominate the Container Port…

Truck ban in Metro Manila returns starting May 17

The Metropolitan Manila Development Authority is reimposing the truck ban in Metro…

Reefer freight prices escalate but still no match to dry freight rates

Weighted average of reefer freight rates jumped 26% in the first quarter…

NCR Plus under GCQ with “heightened restrictions” until end-May

NCR Plus (National Capital Region, Cavite, Laguna, Batangas and Rizal) is under…

2GO launches largest, most advanced RoPax vessel

Newly launched MV 2GO Maligaya is currently the most technologically advanced RoPax…

Subic exports, imports log double-digit growth in first quarter

Exports and imports at Subic Bay Freeport grew 48% and 29%, respectively,…

Asia Pacific forwarding market to see fastest growth over five years

The regional freight forwarding market contracted by 8.5% last year Projected growth…

Kuehne+Nagel acquires Apex in $1.2B deal

Acquisition of Apex completed after satisfying all closing conditions Significant fulfillment of…