300 overstaying rice containers withdrawn from Manila port

300 overstaying rice containers withdrawn from Manila port

Around 300 of the more than 800 overstaying rice shipments at Manila…

No port congestion even with some overstaying rice shipments – PPA

Manila International Container Terminal and South Harbor are not congested even with…
Global demand for container shipping hits record

Global demand for container shipping hits record

Global demand for container shipping hit an all-time high for twenty-foot equivalent…
Rate dip sink ONE

Soft demand and rate dip sink ONE Q1 profit

Earnings plunge 91% in Q1 as East-West supply-demand imbalance weighs down spot…
PPA ports to remain congestion-free

PPA ports to remain congestion-free

Ports under Philippine Ports Authority jurisdiction are operating normally and expected to…
Asia-US box rates

Asia-US box rates now 70% below January levels

Asia-US West Coast 40-ft container rates have fallen this week to US$4,345…
oVERSUPPLY OF CONTAINERS aiding 2nd-hand container price slide

Supply glut aiding 2nd-hand container price slide

An oversupply of containers is contributing to a slide in second-hand box…
US President Joe Biden to pursue ports upgrade

Biden to pursue ports upgrade, hits giant shipping lines

US President Joe Biden says he aims to keep the price of…
MSC Pertiwi service

MSC launches Pertiwi intra-Asia service

New service will offer direct link from North China and Korea to…
Ex-Transcom chief Stephen Lyons to fix US supply chain snarls

Ex-Transcom chief to fix US supply chain snarls

Retired Gen. Stephen R. Lyons appointed as the new envoy to the…