Singapore’s economic performance is an important indicator of global trade directions, and the city-state’s growth decline may be a cause for worry, said Peter…
The business sector in Indonesia has asked the government to revise aspects of a new regulation that enforced an air freight security management system…
The leadership change at the Bureau of Customs (BOC) may affect some of the agency’s automation projects, including the Automated Export Declaration System (AEDS)…
September 6, 2011
2 minute read
Namsung Shipping of Korea enters the Philippines
Korea-based carrier Namsung Shipping Co., Ltd. recently announced the appointment of AAI Freightmovers Worldwide Inc. (AAIFWI)-Shipping Division as its general agent in the Philippines…
The Maritime Industry Authority (Marina) is pushing for the Philippines-Indonesia Roll on-Roll off (Ro-Ro) project as a prelude to the Association of Southeast Asian Nations…
The World Container Index (WCI), the first Europe-based assessment of container freight rates, went live as scheduled on September 1, 2011, reported Drewry Shipping…
Kerry Logistics continues its expansion in Vietnam with the opening of a 10,000-square-meter logistics centre in Hanoi. The facility will provide a broad range…
Shippers seek to block liner collaboration in Asia-Pacific
Shippers’ groups are urging regulators in the Asia-Pacific region to ban liner conferences in the same way Europe has, saying collective carrier actions are…
Asia-Pacific carriers reel from cargo demand slowdown in July
Asia-Pacific carriers were hardest hit by a sluggish air freight market, according to traffic statistics for July this year from the International Air Transport…
Jacobson Companies acquires Asian freight forwarder
JHCI Holdings, parent of U.S.-based third-party logistics provider Jacobson Companies, announced its acquisition on August 31 of all of the assets of Singapore-based air- and…
SCTEX hurting, not helping, Subic ports — SBMA chief
Instead of bringing in more volume to Subic ports, the Subic-Clark-Tarlac Expressway (SCTEX) north of Manila has inadvertently caused the opposite and is luring…
The Philippine Exporters Confederation (Philexport) said most exporters are “nervous” about the volatile peso-dollar rate. “The concern of exporters is not the United States…
PAL union files case questioning Palace decision on outsourcing
The Philippine Airlines Employees Association (PALEA) last week filed a petition before the Court of Appeals questioning the legality of the Office of the…
Freight-forwarding company Panalpina has introduced an intra-Asia road transport service that it said is five to six days shorter than ocean freight and costs…
Global port operators are bracing against rising losses at Vietnam’s Cai Mep container port, as terminals are operating below half of their capacity, reports…
