P29.8B earmarked for PH transport system modernization

ALMOST P30 billion of the Philippine Department of Transportation and Communications (DOTC)’s…

PH Customs may miss collection goal in H2

COLLECTIONS could continue to miss targets in the second semester after falling…

ICTSI ups medium-term note program to $1B

International Container Terminal Services, Inc. recently approved an increase in the medium-term…

LRT-1 expansion project to go on as scheduled

Construction will proceed as scheduled on the LRT1 Cavite extension project. The…

HKIA cargo traffic grows as Cathay Pacific tonnage slips

Hong Kong International Airport (HKIA) reported a 1.9 percent growth in cargo…

Survey: Global economy dims in Q2 but recovery possible

The world economy has weakened slightly this quarter, mainly due to declining…

Hapag-Lloyd announces more rate hikes for Asia services

Germany’s Hapag-Lloyd will  impose more freight rate hikes on Asia service routes…

Maersk Line collects $439 M in profit for Q2

Danish box carrier Maersk Line made a profit of US$439 million in…

Ocean carriers reverting to core port services

Carriers will be increasingly restricted to its core strength—providing port-to-port services—as they…

HK’s Cathay Pacific designates top execs

Cathay Pacific Airways has appointed its current chief executive, John Slosar, as…