The 40th Executive Council Meeting and Annual General Meeting of the Federation of Asia Pacific Aircargo Associations (FAPAA) was recently held in Negombo, Sri…
Sri Lanka hosts 40th Executive Council Meeting of FAPAA
The Latest
Global trade stabilizes on solid growth in developing countries
Global GDP is expected to expand by about 2.2 percent this year and strengthen to 3 percent and 3.3 percent in 2014 and 2015,…
Asia emerging as IT production, sales hub—DHL
Growing industry competition and Asia’s rising importance as both a manufacturing location and a consumer market are key trends technology logistics providers should focus…
Hong Kong’s AAT, Hactl report May cargo numbers
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, said it saw a double-digit growth in air cargo traffic…
Maersk Line, MSC, CMA CGM to launch alliance
The world’s three biggest container lines are set to forge an alliance on three key trade lanes, intending to launch the tie-up by the…
Strong economic growth anchors PH ports
ROBUST Philippine economic growth in the first quarter that exceeded expectations boosted performance of the country’s port operators as they continued to defy uncertainties…
Maersk, MCC Transport appoint PH country managers
A.P. Moller-Maersk has appointed executives to head its two units in the Philippines in a reshuffle that positions the group for expected strong growth…
Merger synergies lift 2GO prospects
LISTED Philippine company 2GO Group Inc. is eyeing higher throughput this year after a successful first quarter and with the company now feeling the…
Tax break sought for ICTSI’s Hijo Port
HIJO International Port Services Inc. (HIPS), a unit of Manila-based port operator International Container Terminal Services (ICTSI), has applied for tax incentives for the…
Earthquakes
Following the solemnity of President Gabby Patag’s wake and funeral, SCMAP members and other organizations in the logistics industry were jolted by a series…
Global airfreight industry’s revenue to grow through 2018
The airfreight logistics industry’s revenue is expected to rise by nearly 3 percent in 2013 and to continue to grow until 2018 as expansion…
DHL launches new medical airfreight monitoring service
International freight service provider DHL Global Forwarding has launched DHLThermonet, a new airfreight product for managing and monitoring temperature-sensitive shipments of pharmaceutical products and…
Moody’s: Shipping industry’s profit to fall 5%-10% in 2013
The global shipping industry will be sailing in rough waters over the next 12 to 18 months, as the supply of vessels will continue…
Maersk Line names first Triple-E box ship
The first of Maersk Line’s ships in the Triple-E series, composed of the largest container vessels in the world, was yesterday named Maersk Mc-Kinney…
Hapag-Lloyd pushes up Asia freight rates
Hamburg-based Hapag-Lloyd has scheduled general rate increases from East Asia to Latin America and the Caribbean to take effect in the middle of July.…
World air cargo grew 1% in April
Total international and domestic airfreight traffic increased by 1 percent in April 2013 compared to the same month a year ago, but growth continued…
DHL study predicts logistics trends in health care
Logistics giant DHL has identified five supply chain opportunities opening up in the life sciences sector in 2020 and beyond, a future where the…
Namsung Shipping upbeat on PH market despite low volume
KOREA-BASED Namsung Shipping Co. Ltd. is optimistic of the Philippine market, but admits freight volume in the country i still low. “At this moment,…
PH ports agency remits 24% higher dividend of P1B to gov’t
THE Philippine Ports Authority (PPA) remitted P1.009 billion to the national government last year. The payment was made in compliance with Republic Act No.…
More complaints on missing ‘balikbayan’ boxes sent to PH justice department
THE Philippine Department of Trade and Industry (DTI) has endorsed to the Department of Justice (DOJ) four other complaints on undelivered balikbayan (personal effects)…
