Exporters’ compliance to mandatory weighing policy grows
Port operators record less discrepancy between exporters’ declared verified gross mass (VGM)…
August 15, 2021
4 minute read
Drewry sees sustained reefer freight rate uptick until 2022
A combination of buoyant cargo growth and tight capacity conditions will continue…
August 14, 2021
3 minute read
Major Chinese port on partial shutdown after COVID case detected
Operations at the Meishan Terminal in Ningbo-Zhoushan port in eastern China have…
August 14, 2021
2 minute read
ATI income slips 2% in 1H despite higher revenue, volume
Port operator Asian Terminals Inc. reported a 2% decline in net income…
August 13, 2021
2 minute read
Harbor Star loss accelerates to P66.3M in 1H
Harbor Star Shipping Services, Inc. (HSSSI) posted a significantly higher loss of…
August 11, 2021
2 minute read
BOC orders anew quick release of reefer goods as DTI worries about “impending reefer congestion”
Bureau of Customs Assessment and Operations Coordinating Group Memo 446-2021 dated August…
August 11, 2021
3 minute read
Maersk sees Q2 profits jump as bottlenecks propel rates
Group revenue grew 58% to US$14.2 billion in the second quarter and…
August 11, 2021
3 minute read
No short-term easing of freight rate levels in sight
This huge rate spike comes considering that the FBX level was already…
August 9, 2021
3 minute read
Asia-US freight rates hit fresh highs in July: Freightos
Ocean rates are still very elevated and transit times volatile due to…
August 9, 2021
2 minute read
OOCL’s logistics, liner units launch China-US rail-sea service
The new service is a combination of the China-Europe block train service…
August 8, 2021
2 minute read
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