Hapag profit soars 1,000% to US$10.8B on Asian goods-driven rate surge

Net profit leaps from US$1.07 billion in 2020 on “very strong’ demand…

US, allies add pressure on Putin by revoking Russia’s MFN status

Biden leads allies in stripping Russia of its most favored nation trading…

PPA proposes cargo-handling rates for Tier 2 ports

The Philippine Ports Authority is eyeing the same domestic cargo rates for…

DHL posts record €81.7B revenue and €8B profit in ‘challenging’ 2021

Strong performance in all divisions contributes to record group revenue of €81.7…

PH Jan trade grows 20.1% on imports surge

January’s 20.1% year-on-year Philippine merchandise trade growth marks 12th straight month of…

BOC charges traders, broker of smuggling P25.8M agri products

• The Bureau of Customs filed criminal complaints against four traders and…

MM subway test run for Valenzuela depot in May

The first tunnel boring machine of the Metro Manila Subway Project will…

3 new cargo bays double Manila Harbor Center capacity

Manila Harbor Center’s cargo-handling capacity more than doubled with the completion of…

Air cargo growth eases in January as supply chain troubles hit demand

Global demand, in cargo ton-km, grew 2.7% year on year (3.2% for…