New vessel arrivals in 2011 to hit 1.28-M TEUs in capacity
Worldwide deliveries of container ships have exceeded 1 million 20-foot equivalent units (TEUs) in capacity, with 154 ships received by ocean carriers since the…
Singapore-based Neptune Orient Lines (NOL) reported a drop in average revenue per 40-foot equivalent unit (FEU) for the four-week period covering August 27 to…
The PortCalls Cargo Economics Conference on October 20, 2011 at the Manila Diamond Hotel will focus on markets opening up for the Philippine logistics…
Transport agency gets P6B from PH stimulus package
Of the P72-billion stimulus package announced by Philippine President Benigno Aquino III last week, P6 billion will go to the Department of Transportation and…
Philippine exports posted their biggest drop in August due to a big slip in shipments of electronics and semiconductor products. August exports decreased 15.1%…
Grand Alliance to merge trans-Pacific east coast loops
The four-carrier Grand Alliance (GA), consisting of Hapag-Lloyd, MISC Berhad, NYK and OOCL, has agreed with ZIM and Hyundai to merge their South China…
ASEAN, Canada adopt joint declaration to boost bilateral trade
The Association of Southeast Asian Nations (ASEAN) and Canada have signed a joint declaration to enhance bilateral trade and investment. The joint declaration, endorsed…
PH high court recalls ruling on union retrenchment
The Philippine Supreme Court (SC) has recalled on a technicality an earlier decision declaring with finality the illegal retrenchment of some 1,400 flight attendants…
Global composite leading indicators (CLIs) for August 2011, designed to anticipate turning points in economic activity relative to trend, continue to point to a…
Global express service company DHL Express will implement rate increases from January 1, 2012. “The price change applies to all discounted rates and agreements,…
Philippine cargo throughput grew 1.45% in the first seven months of the year, thanks to the strong performance of domestic containerized cargo. According to…
