“K” Line launches weekly Kwangyang/Kaohsiung-West India service

Kawasaki Kisen Kaisha (“K” Line) said it will begin a weekly Kwangyang/Kaohsiung–West India Express (FIX) service from November 30, 2011 to enhance its West…

ICTSI posts 39% jump in income from Jan to Sept

International Container Terminal Services, Inc (ICTSI) recorded a 39% rise in net income to $101.4 million in the first three quarters of the year…

OOCL wins ‘Ship Operator of the Year’ at Lloyd’s List Awards, Asia 2011

OOCL has been awarded the ‘Ship Operator of the Year’ at the Lloyd’s List Awards, Asia 2011 presentation ceremony held on October 26, 2011…

Asia leads global fashion markets as Logwin builds logistics network across region

Hong Kong, November 11th 2011 (Global Logistics Media) — The Asian fashion market is the largest in the world and will be 35 per…

Banks urged to invest in PH transport projects

PHILIPPINE Transportation and Communications Secretary Manuel Roxas II is urging the banking sector to fund infrastructure projects under the Aquino administration, noting that these…

Asia-Pacific free trade zone key to economic recovery—APEC leaders

World leaders at the annual Asia-Pacific Economic Cooperation (APEC) summit on November 12-13, 2011 vowed to push through with a Pacific Rim free trade…

Container schedule reliability climbs to 63% in third quarter

Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to the latest report from shipping…

DHL study links global connectedness with world economic prosperity

A new study on global connectedness by DHL indicates that globalization is still not as advanced as most people believe and that continued economic…

ASEAN meet draws up 4-point proposal to advance connectivity

Member-states of the Association of Southeast Asian Nations have developed a set of key recommendations to advance ASEAN connectivity for presentation to the ASEAN…

Deutsche Post DHL ups 2011 outlook as Asian business booms

Deutsche Post DHL announced an 18.5 percent growth in operating earnings to EUR646 million (US$879 million) in the third quarter of the year against the…

Maersk predicts ‘negative result’ for 2011 after 3Q drop

A.P. Moller-Maersk said net profits for the third quarter of 2011 were lower than forecast and predicts a profit loss for the full year…

6 new Asia-Pacific carriers to lose $150 M

Six box lines that joined the trans-Pacific route over the last couple of years will represent nearly 19 percent, or $150 million, of the…

Second semester results better than first — PH eco agency

The National Economic and Development Authority (NEDA) said the Philippines will fare better in the second half of the year than in the first…

Air freight volume dips in Sept

International cargo volume declined in September due to continued deterioration in global trade and economic conditions, according to the International Air Transport Association (IATA).…

PH Customs’ Oct collection disappoints

The Philippine Bureau of Customs (BOC) will likely miss its October collection target of P30.48 billion by about P8.5 billion, preliminary data from BOC…

Seair, AirAsia receive Manila to Malaysia flying rights

South East Asian Airlines (Seair) and AirAsia Philippines were recently awarded flight entitlements to Malaysia from Diosdado Macapagal International Airport (DMIA) in Clarkfield, Pampanga.,…

Additional NAIA taxiway to be constructed in 2012

A one-kilometer “rapid exit taxiway” will be constructed at the Ninoy Aquino International Airport (NAIA) in Manila next year to accommodate faster movement of…

More Philippine vessel registration reported in first half

THE number of Philippine ships increased in the first half of the year, but much of the growth was powered by wooden-hull vessels or…

ASEAN law ministers discuss common visa, legal frameworks to unity

Law ministers from the Association of Southeast Asian Nations met to present progress reports and plans for implementing institutional frameworks supporting the creation of…

Kerry Logistics relocates command center in flooded Thailand

As severe flooding paralyzes Bangkok and surrounding areas, Kerry Logistics announced the relocation of its Express command center from the capital city to the…