Container throughput at Mindanao Container Terminal (MCT) located in Misamis Oriental, Mindanao Philippines dipped 0.17% in the first 10 months of the year to…
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Upgrade of Bangladesh transport corridor to spur regional trade
One of Bangladesh’s most critical regional transport corridors and two land ports will be upgraded to improve connectivity and trade across South Asia. An…
Emirates SkyCargo launching Phuket trade lane
UAE-based Emirates SkyCargo, the freight division of Emirates, is making Phuket its second Thai gateway by December after Bangkok. The airline will launch the…
DHL to invest $65 M in supply chain facilities in Thailand
Deutsche Post DHL’s logistics unit, DHL Supply Chain, announced it will invest EUR50 million (US$64.8 million) in new facilities in Thailand in anticipation of…
CMA CGM chalks up Q3 profit, revenue
France’s CMA CGM announced a net profit of US$371 million in the third quarter of the year, which it attributed to a highly successful…
DB Schenker opens new warehouse in Australia
Germany-based DB Schenker, the transportation and logistics unit of Deutsche Bahn, has opened a new logistical warehouse and operations center in Sydney, Australia, to…
HKIA’s cargo traffic grows, but Changi’s performance stalls
Hong Kong International Airport’s (HKIA) freight tonnage grew moderately in October year-on-year, with 346,000 tonnes handled last month for a 1.1 percent expansion. The…
Asean Plus 3 endorse pacts boosting 15 years of cooperation
The ASEAN Plus Three (APT) Leaders Summit held November 19 adopted two documents that enhance cooperation between the Association of Southeast Asian Nations and…
PH domestic cargo volume up 16%
Philippine domestic cargo volume jumped 16% in the first three quarters of the year, with budget airline Cebu Pacific (CEB) handling the bulk of…
2GO Group loss widens
2GO Group, the Philippines’ largest domestic vessel operator, widened its net loss in the first nine months of the year, dragged by slow performance…
Lorenzo Shipping income down 11%
Philippine publicly-listed cargo carrier Lorenzo Shipping Corp (LSC) posted a net income of P25.438 million in the first nine months of the year, 11%…
Airlines seek hike in PH fuel surcharge
Philippine low-cost airline Cebu Pacific (CEB) along with All Nippon Airways Co. and Air Niugini are seeking to increase their fuel surcharges due to…
2GO Express delisted from Customs watchlist
2GO Express, Inc may now transact business with the Philippine Bureau of Customs (BOC) once again, after the agency delisted the company from its…
Cebu Pacific income up 2.4%
Cebu Pacific, the Philippines’ top domestic passenger and cargo airline, posted a 2.4% rise in net income to P2.274 billion in the first three…
PH Sept exports rise 22.8%
Philippine exports expanded 22.8% in September to $4.784 billion from $3.897 billion in the same month last year, according to latest data from the…
PH Customs eyes link with internal revenue for accreditation of stakeholders
The Philippine Bureau of Customs (BOC) is looking at interconnecting with the Bureau of Internal Revenue (BIR) registration system to ensure only legitimate business…
Malaysia’s Westports still optimistic about cargo growth
Westports Malaysia Sdn Bhd, operator of the country’s busiest container port, still sees growth in the next couple of years despite the global economic…
TNT Express to sell airlines to ASL Aviation
The Netherlands-based TNT Express announced it would sell TNT Airways and Pan Air Lineas Areas to the ASL Aviation Group as soon as the…
More box ships to levy rate hikes, surcharges over next 2 months
Sea carriers continue to set their rate restoration and surcharge imposition plans for the Asia-Europe trade, to be implemented next month and January 2013.…
APL Logistics buys US Customs brokerage
Singapore’s APL Logistics announced it has acquired Carmichael International Service to enable it to provide U.S. Customs brokerage and trade compliance services in-house, the…