PH growth estimate cut to 4.1% due to super typhoon

THE impact of super typhoon Haiyan (local name Yolanda) could drag down…

Relief piling up at Matnog port, but where are the ships?

TRUCKLOADS of relief goods are choking the Port of Matnog in Sorsogon,…

ICTSI unit seals deal for takeover of Honduran port

INTERNATIONAL Container Terminal Services, Inc (ICTSI) said its subsidiary, Operadora Portuaria Centroamericana…

Box lines to impose rate hikes on Asia lanes

Hong Kong-based Orient Overseas Container Line (OOCL) is planning a revenue restoration…

Maersk Line pockets $554-M profit in Q3 on cost savings

Danish shipping line Maersk Line made a profit of US$554 million in…

Record traffic, strong profit for APM Terminals in Q3

APM Terminals handled 9.3 million TEUs (20-foot-equivalent units) during the third quarter…

DHL opens latest Asia freight hub in Tanjung Pelepas

Air and ocean freight specialist DHL Global Forwarding has unveiled its new…

ICTSI net income jumps 22% in first three quarters

Listed Philippine port operator International Container Terminal Services, Inc. (ICTSI) reported double-digit…

Cebu Pacific Jan-Sept income plunges 70.8%

Low-cost carrier Cebu Pacific Air reported a 70.8% drop in net income…

PH ports agency records 36% growth in income

Philippine Ports Authority’s (PPA) net income for the first eight months of…