United Parcel Service (UPS) posted second-quarter earnings of US$1.12 billion this year, up 2.2 percent from $1.09 billion for the same period in 2011…
Singapore Changi Airport reported that cargo movements were steady in June 2012, with 153,300 tonnes of airfreight shipped, an increase of 0.1 percent year-on-year.…
Subic Bay upgrading port facilities to fill looming capacity shortage in Asia
The Port of Subic Bay, with its strategic location in northern Philippines, continues to modernize its facilities and expand its infrastructure to establish itself…
Cargo volume at HK airport holds steady in first half
Hong Kong International Airport (HKIA) reported that cargo throughput in the first half of 2012 remained unchanged at 1.9 million tonnes compared to the…
Harbor pilots in the Philippines are seeking a 50% increase in pilotage fee covering all international-going vessels and those plying the coastwise trade. The…
APEC business heads want fast-tracking of regional free trade area
Business leaders in Asia-Pacific called for the implementation of the proposed Free Trade Area of the Asia Pacific (FTAAP) to safeguard against global financial…
Singapore’s PSA to develop automated container transporters
PSA Singapore Terminals (PSA) is investing in Automated Guided Vehicle (AGV) prototypes that will operate 24/7 without human drivers to transport containers between the…
Indonesia ports report 44.9% profit growth in first half
Indonesia Port Corporation (IPC), formerly Pelindo II, reaped profit before tax of IDR1.4 trillion (US$148 million) in the first half of 2012, an increase…
DHL Supply Chain opened on July 16 its new MegaHub Hong Kong facility that consolidates the company’s Hong Kong operations and continues the company’s…
Study: Coordinated approach needed to push Batangas, Subic ports
Manila-based consulting firm Transport and Traffic Planners Inc (TTPI) has advanced a number of policy measures that need to be taken by government and…
Ocean freight carriers announce rate hikes on Asia trade
Global box ships are poised to enforce rate hikes on Asia services starting August. Hapag-Lloyd announced more general rate increases (GRIs), all effective from…
Asia is a linchpin for global economic stability, and the region has emerged from the global crisis with its economic standing enhanced, said Christine…