Hapag-Lloyd 2020 net profit soars to $1B on higher freight rates

Result significantly increased despite coronavirus pandemic Successful cost reductions and higher freight…

3 new Palawan ports start operations

Three newly-completed seaport projects in Palawan–San Fernando in El Nido, Bataraza Port…

Chelsea Logistics sells total 2GO stake to SM group

Chelsea Logistics and Infrastructure Holdings Corp. (CLC) sold its entire stake of…

ICTSI launches AI-powered yard management solution at MICT

International Container Terminal Services, Inc. has successfully conducted the live implementation of…

MSC beefs up Asia-US service network

Two new services to be launched to help ease industry-wide congestion and…

PPA orders strict observance of protocols at ports amid surging COVID cases

The Philippine Ports Authority (PPA) is directing all personnel, offices, and ports…

MARINA pilots auto processing of domestic shipping applications

Maritime Industry Authority (MARINA) is pilot testing the first phase of its…

PH logistics stakeholders identify 2021 industry prospects, challenges

Port and supply chain stakeholders in the Philippines express varying levels of…

Senate committee bats for passage of Public Service Act

The Senate Public Services Committee is endorsing approval of the bill amending…

Further container carrier takeover of logistics firms likely this year: Drewry

Drewry sees further consolidation with 3PL companies in 2021 by ‘carriers with…