Lorenzo Shipping swings to P67M loss in Q1

Philippine carrier Lorenzo Shipping Corporation (LSC) reported a net loss of P67 million…

Lower sales, higher costs slash PAL’s Q1 income by 21%

Flag carrier Philippine Airlines (PAL) reported a 21% decline in net income…

BOC puts brakes on entry of 3 misdeclared luxe cars

The Bureau of Customs (BOC) has foiled an attempt to bring a…

PH beats expectations, posts GDP growth of 6.9% in Q1

The Philippines’ gross domestic product (GDP) grew 6.9% in the first quarter…

Asia-Pacific carriers saw double-digit shrinkage in 2015 airfreight revenue

The cargo revenue of Asia-Pacific airlines declined last year by a significant…

Box traffic jumps at Vietnam’s Cai Mep port with 5 new service calls

Container volume has more than doubled in the first quarter of 2016…

Slower export decline for Singapore, export growth for Korea

The non-oil exports and reexports of Singapore in April 2016 had a…

Depressed rates push CMA CGM, Hapag-Lloyd into red territory

Despite volume growth, French liner CMA CGM reported a net loss of…

Freight forwarders still downcast about growth prospects

Air and sea freight movers continue to hold low expectations about the…

Box ship capacity projected to top 20 million TEUs this year

The container shipping fleet is expected to break through the 20 million…