Browsing Category

Breaking News

4702 posts

HKIA obtains interim injunction against protesters

Airport Authority Hong Kong (AAHK) said it has obtained an interim injunction to “restrain persons from unlawfully and wilfully obstructing or interfering with the…
  • August 14, 2019
  • 1 minute read

Shanghai tops 2019 ranking of world’s best-connected ports: UNCTAD

The Shanghai port in China has topped the United Nations Conference on Trade and Development (UNCTAD) 2019 ranking of the world’s best-connected ports in…
  • August 14, 2019
  • 1 minute read

Industry groups vs PPA accreditation rule for port service providers

A recent Philippine Ports Authority (PPA) order that requires all port service providers to secure accreditation is meeting resistance from customs brokers, domestic shipping…
  • August 13, 2019
  • 3 minute read

DP DHL logs revenue and EBIT growth, raises lower end of full-year forecast

Deutsche Post DHL Group (DP DHL) reported an increase in revenue of 3.0% year-on-year in the second quarter, as all five divisions contributed to…
  • August 12, 2019
  • 2 minute read

Contract logistics sustains strong market growth in 2018—Ti report

The global contract logistics market grew 4.9% in real terms in 2018, one of the fastest growth rates seen in recent years, new research…
  • August 12, 2019
  • 2 minute read

Asia Pacific air freight contracts 5.4% in June, 7.4% in H1—IATA

Global air freight demand decreased by 4.8% in June 2019 compared to the same period in 2018, marking the eighth consecutive month of year-on-year…
  • August 10, 2019
  • 2 minute read

PH cold chain industry projected to expand by up to 10% in near term

The Philippine cold chain industry is expected to continue growing by 8% to 10% in the next five years due to population increase and…
  • August 9, 2019
  • 2 minute read

Hapag-Lloyd improves H1 profit on higher volumes, freight rates

Germany’s largest container shipping liner Hapag-Lloyd has reported significantly higher earnings in the first half of 2019 as against the same period of the…
  • August 9, 2019
  • 2 minute read

PPA suspends TABS bookings from Aug 9-10 to clear backlog

The Philippine Ports Authority (PPA) has suspended truck bookings into Manila South Harbor through the Terminal Appointment Booking System (TABS) from today (Aug 9)…
  • August 9, 2019
  • 2 minute read

PH economy slows to 5.5% in Q2

The Philippine economy grew 5.5% in the second quarter of 2019, its lowest growth in 17 quarters, and softer than the 5.6% growth recorded…
  • August 8, 2019
  • 2 minute read

Cathay Pacific reports H1 profit but warns of worsening operating conditions

Cathay Pacific Airways said the group continued its positive performance in the first half of 2019, but added that the operating environment has worsened…
  • August 7, 2019
  • 3 minute read

Air cargo down nearly 9% in June and 5% in H1

Cargo transported by airlines fell almost 9% in June year-on-year, further widening the gap between the first half of 2019 and the same period…
  • August 7, 2019
  • 3 minute read

Box terminal utilization to increase over next five years—Drewry forecast

Global container port utilization rates are expected to rise in the next few years as capacity expansion plans remain muted even with a projected…
  • August 5, 2019
  • 3 minute read

Carriers flew 7% more passengers in 2018; cargo growth was more modest, says IATA  

Airlines saw a nearly 7% increase in passengers carried in 2018, while air freight volumes grew more modestly in line with global trade volumes,…
  • August 5, 2019
  • 2 minute read

Implementation of fuel marking program starts

The Department of Finance (DOF), Bureau of Customs (BOC), and Bureau of Internal Revenue (BIR) conducted August 2 the first live marking of petroleum…
  • August 2, 2019
  • 2 minute read

Changi Airport registers continued passenger growth, freight decline

Singapore Changi Airport posted steady growth in passenger volume in June and the first half of the year, while airfreight registered a continued decline…
  • August 2, 2019
  • 1 minute read

Despite record passengers, HKIA revenue falls 11.5% in FY 2018-19

Hong Kong International Airport (HKIA) set new records in passenger numbers and flight movements in its fiscal year (FY) 2018-19, but it still posted…
  • August 2, 2019
  • 2 minute read

Asian carriers continue to see decline in air cargo volumes

International air passenger demand continued to grow at a moderate pace in June, while air cargo markets weakened further with the fall in global…
  • July 31, 2019
  • 2 minute read
PPA requires accreditation for all port service providers

PPA requires accreditation for all port service providers

Starting August 7, all port service providers, including customs brokers, shipping lines and agent, freight forwarders and truckers, will have to secure accreditation from…
  • July 30, 2019
  • 5 minute read