Harbor Star loss accelerates to P66.3M in 1H

Harbor Star Shipping Services, Inc. (HSSSI) posted a significantly higher loss of…

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…

Maersk sees Q2 profits jump as bottlenecks propel rates

Group revenue grew 58% to US$14.2 billion in the second quarter and…

No short-term easing of freight rate levels in sight

This huge rate spike comes considering that the FBX level was already…

Asia-US freight rates hit fresh highs in July: Freightos

Ocean rates are still very elevated and transit times volatile due to…

OOCL’s logistics, liner units launch China-US rail-sea service

The new service is a combination of the China-Europe block train service…

Ho Chi Minh ports suspend receiving of imports amid backlog

Ho Chi Minh’s Cat Lai Port and TCIT have for now stopped…

Newly expanded Surigao del Sur port doubles cargo volume

The Philippine Ports Authority on August 5 inaugurated the newly expanded Cantilan…

Improved trade boosts ICTSI 1H income by 68%

International Container Terminal Services, Inc. reported a 68% increase in net income…

SBMA port revenue up 17% due to higher container cargo

The Subic Bay Metropolitan Authority posted improvements in most of its key…