FedEx trims transit time from Asia-Pacific to Italy
FedEx Express, a subsidiary of FedEx Corp., the world’s largest express transportation company, has shortened by one day its transit time for non-document shipments…
Shipping lines, PH terminal operators ink new crane productivity rate
The Association of International Shipping Lines (AISL) through its Port Operations Committee recently concluded an agreement with Manila-based International Container Terminal Services, Inc (ICTSI)…
Poor port infrastructure, congestion dog carriers in the Philippines
Congestion, inefficient port operations, fragmented port and poor road systems are major problems for international shipping lines calling the Philippines, according to an official…
The Philippine Maritime Industry Authority (Marina) sees huge opportunities for the shipbuilding and ship repair (SBSR) industry due to the country’s growing demand for…
High-tech industry to intensify intra-Asia sourcing, eyes emerging countries
There is a significant shift among high-tech companies in Asia-Pacific to source supplies from both emerging and mature countries in the region as alternative…
Logwin opens dedicated fashion warehouse in Malaysia
Logwin, a global provider of logistics services, has opened a dedicated fashion warehouse in Shah Alam, Malaysia. The new facility will provide a full…
Atlanta-based UPS announced it will increase its service rates by 4.9 percent for ground, air, and U.S.-origin international shipments effective January 2, 2012. The…
APEC approaching 5% trade improvement target for 2011
The Asia-Pacific Economic Cooperation (APEC) said recently it has made a good start towards achieving its goal of improving the ease of doing business…
ASEAN launches books on SMEs, investments, integration
Three official business publications were launched November 16, 2011 that provide information and updates on top SMEs, economic integration efforts, and investment prospects in…
Buyout of Davao cargo-handling operator’s contract eyed
The Philippine Ports Authority (PPA) is looking at the option of buying out the contract of Davao Integrated Port Stevedoring Service Corp (DIPSSCOR) to…
Trans-Pacific carriers poised to apply $400 rate hike
The 15 carrier-strong Transpacific Stabilization Agreement (TSA) aims to raise freight rates on the Asia-U.S. loop by $400 for every 40-foot container starting January…
More airlines need to release sustainability reports—PwC study
While the number of airlines producing corporate sustainability (CS) reports has grown, there is still much room for improvement, said a new report by…