Hapag-Lloyd cuts proposed Far East-North Europe rate hike

Hapag-Lloyd announced changes to its earlier notice to impose a rate hike…

MSC to levy rate hikes on Asia services

Geneva-based carrier Mediterranean Shipping Company (MSC) released a series of bulletins on…

Hapag-Lloyd announces change for Busan port call

Hapag-Lloyd said it is implementing a terminal change for the Busan port…

Panalpina profit slides 37% as Europe-Asia trade slows

Panalpina’s profit went down 37.5 percent year-over-year for the second quarter of…

Strong peso keeps a nation poor

International banker and economist Victor Barrios recently drafted a paper arguing that…

Singapore Airlines books 73% net profit

Singapore Airlines (SIA) saw its net profit climb 73 percent to US$62…

First phase of Indonesia’s ‘pendulum’ program to cost $159 M

The Indonesian government will allocate IDR1.5 trillion (US$159 million) for the first…

Economic expert Kevin Warsh joins UPS board of directors

United Parcel Service (UPS) appointed Kevin M. Warsh, an economic and financial…

PAL headed to Toronto, Paris, NY

Philippine Airlines will soon offer non-stop flights to Toronto, Paris and New…

PH customs bonded warehouse operators push for clear export rules

Customs bonded warehouse operators in the Philippines are seeking clear-cut procedures in…