UPS posts better-than-expected 2Q earnings

Atlanta-based United Parcel Service (UPS) announced better-than-expected second-quarter 2019 earnings, with growth in all segments. UPS, the world’s biggest package delivery company, reported US$1.96…

Indonesia launches passenger ship booking app

Indonesia’s state-owned port operator PT Pelabuhan Indonesia I (Pelindo I) has launched an application for booking ship tickets throughout Indonesia anytime and anywhere so…

China’s busiest port sees growth in cargo, box traffic in H1

Ningbo Zhoushan port, China’s busiest port, saw cargo throughput rise 5.5% year-on-year to 557.96 million tonnes in the first half of 2019. Meanwhile, container…

Hyundai opens first SEA logistics office in Vietnam

Hyundai Glovis, a logistics company headquartered in Seoul, South Korea and part of the Hyundai Automotive Group, has opened its first Southeast Asian office…

EO extends to 3 years zero duty on imports of capital equipment, spare parts

President Rodrigo Duterte on July 19 signed Executive Order (EO) No. 85, series of 2019, which extended for three years the application of zero-rate duty…

Domestic cargo handling tariff at Cebu port up 20%

The Cebu Port Authority (CPA) will increase by 20% the cargo-handling rate for domestic cargoes calling the Port of Cebu. CPA Memorandum Circular (MC)…

PPA scraps weighing fee for containers, Ro-Ro cargoes

Starting January 1, 2020, terminal operators may no longer collect weighing fee on domestic outbound laden containers and roll-on/roll-off (Ro-Ro) cargoes, according to the…

Drewry foresees accelerating demand for smart containers

The number of “smart” containers in the global fleet will triple in the five years to 2023 in the wake of growing calls for…

OOCL reports higher volumes, revenues in Q2 and H1

Orient Overseas Container Line (OOCL) announced it booked higher volumes and revenues for the second quarter and first half of 2019 compared to the…

ICTSI Manila continues equipment roll-out

International Container Terminal Services, Inc. (ICTSI) recently took delivery of another new quay crane (QC) and eight new hybrid rubber tired gantries (RTGs) for its flagship Manila…

Cathay registers passenger growth, cargo decline in June

Hong Kong sister airlines Cathay Pacific and Cathay Dragon showed an increase in the number of passengers carried in June 2019, but cargo and…

DHL partners Tetra Pak to deploy its first digital twin warehouse in Asia

Logistics giant DHL has established its first smart warehouse in Asia Pacific that deploys the digital twin technology, which involves using digital models to…

Panalpina says H1 results ‘a respectable achievement’

Swiss-based international forwarding and logistics company Panalpina recorded a decrease in profit in the first half of 2019 due to lower margins in air…

Cathay Pacific completes acquisition of HK Express

Hong Kong flag carrier Cathay Pacific announced that it has completed the acquisition of Hong Kong Express Airways (HK Express). Although now a wholly…

Vinpearl Air set to join Vietnam’s aviation market

Competition in the airline industry in Vietnam just got tougher as a new carrier is set to join the country’s aviation market. This follows…

PEZA looks to simplify requirements, extend validity of 3PL accreditation

The Philippine Economic Zone Authority (PEZA) is working to slash requirements for accreditation as well as extend the validity of accreditation of truckers, freight…

BOC allows non-brokers to register as declarants; brokers cry foul

The Bureau of Customs (BOC) is allowing persons other than the customs broker to file an application for accreditation and obtain a certificate of…

Businesses not fully implementing an e-commerce strategy, DHL study finds

A new DHL report shows that most companies have failed to fully implement an e-commerce strategy despite recognizing the vital importance of e-commerce in…

VN aviation sector flies 38.5M passengers in H1

Vietnam’s aviation sector served 38.5 million passengers in the first six months of this year, a year-on-year rise of 9.4%, according to the Civil…

HKIA cargo volume falls in H1 as demand continues to weaken

Cargo throughput at Hong Kong International Airport (HKIA) declined in the first half of 2019 compared to the same period last year, while passenger…