Hapag-Lloyd said it will increase rates for the Far East westbound trade effective December 17 to continue to provide its clients with “sustainable services.”…
Rate hikes eyed for Far East westbound cargo
The Latest
Asean heads endorse pacts pushing 2015 regional integration
Leaders of the Association of Southeast Asian Nations who are meeting at the 21st Asean Summit in Phnom Penh, Cambodia, discussed plans and forged…
UPS bolsters rates for 2013
Atlanta-headquartered United Parcel Service (UPS) has released its new rates for 2013, which include an average net increase of 4.5 percent on all air…
Dragonair, Cathay Pacific improve numbers for October
Cathay Pacific Airways reported higher combined cargo and mail tonnage for the Hong Kong-based airline and its sister company Dragonair in October 2012, as…
Land Transport Forum in Manila
The Philippine International Seafreight Forwarders Association is holding a Land Transport Forum on November 20, 2012 at the Manila Diamond Hotel, from 1pm to…
Asia-US lines put off implementation of dry cargo rate hike
Container lines serving the trade from Asia to the U.S. will implement a previously announced dry cargo general rate increase (GRI) on December 15,…
ICTSI subsidiary gains control of Davao terminal
Philippine port operator International Container Terminal Services, Inc. (ICTSI) has gained control over Hijo International Port Services, Inc. (HIPS), a private terminal in the…
Election
SCMAP Election At the sixth and last GMM for the year 2012, on November 22, the membership will elect the ten Directors of the…
Asian Terminals income up 5.7% in Q3
Publicly-listed Philippine port operator Asian Terminals Inc (ATI) reported a net income of P1.22 billion for the first nine months of 2012,…
PH Customs rule authenticates e-permits under National Single Window
The Philippine Bureau of Customs (BOC) recently released guidelines on tagging electronic permits and clearances (e-permit/clearance) issued by government agencies under the Philippine National…
Eurozone goes into another recession
The eurozone is back in recession after three years, the protracted debt crisis in southern Europe making an adverse impact on the region’s economic…
Asia-Pacific economies urged to invest in disaster risk reduction
As natural disasters in the Asia-Pacific continue to grow in frequency and intensity, economies in the region should look at greater investments in disaster…
HK’s air and sea cargo volumes contract in October
Sea freight movement at Hong Kong’s container port continued on its downslide in October, as throughput shrank nearly 10 percent to 1.9 million 20-foot-equivalent…
Hapag-Lloyd improves profit, revenue in Q3
Freight rates, revenue, and results in the third quarter all went up for Hapag-Lloyd, but the German ocean carrier is not enthusiastic about the…
UPS unveils improved cloud-based technology platform
Atlanta-based package delivery giant UPS introduced a new cloud-based technology platform that allows customers to more efficiently collaborate with international suppliers and better manage…
Asian airlines innovate as economic power shifts eastward—AAPA
Asia-Pacific carriers are looking into innovative courses of action, such as strategic realignments and multifaceted airline offerings, as they take a leading role in…
Cathay Pacific adds Sri Lanka to cargo network
Hong Kong’s Cathay Pacific Airways announced the launch of a new weekly freighter service to Colombo, Sri Lanka, starting December, saying it is positioning…
ICTSI’s Jan-Sept income inches up 4%
Publicly listed Philippine port operator International Container Terminal Services, Inc (ICTSI) posted a 4% increase in net income in the first three quarters of…
Key PH Customs collection districts fail to hit Oct target
Four out of five top revenue districts of the Philippine Bureau of Customs (BOC) failed to meet their collection targets for October, with the…
PH import volume up but exports down in Jan-Sept
Import shipments carried by foreign shipping lines operating in the Philippines improved in the first nine months of the year while export volumes remained…
