Combined cargo and mail volume carried by Cathay Pacific Airways and sister airline Dragonair showed another year-on-year decline for August, but Cathay Pacific is…
Hong Kong carriers dogged by demand decline
The Latest
OOCL announces October rate hike on Europe-Asia route
Orient Overseas Container Line (OOCL), Hong Kong’s biggest shipping line, said it will impose a general rate increase (GRI) on its North Europe-Asia trade…
FedEx, UPS enter China’s express delivery market
U.S.-based logistics companies Federal Express (FedEx) and United Parcel Service (UPS) have been granted access to China’s domestic express delivery market in a move…
Hong Kong’s AAT sees 7% hike in August cargo traffic
Asia Airfreight Terminal (AAT), the second cargo terminal handler at Hong Kong International Airport, announced a growth of 7 percent in cargo throughput for…
IPC tapped to operate Indonesia’s New Tanjung Priok port
State-owned port operator Indonesia Port Corporation (IPC) has acquired the concession right to operate the New Tanjung Priok port, which will rise in Kalibaru,…
PSA leads world’s top container terminal operators
The ranking of the world’s top five container terminal operators remains unchanged, but a rise in merger and acquisition activities may soon rearrange their positions, according…
Agreement to international ruling seen easing PH ship registration
The Philippine Maritime Industry Authority (Marina) is optimistic the country’s recent accession to the Maritime Labor Convention (MLC) of 2006 will ease ship registration…
Subic’s NCT1 and 2, gateways and not spillover terminals — ICTSI
International Container Terminal Services, Inc (ICTSI) continues to have a positive outlook on its Subic terminals despite their low capacity utilization. “We firmly believe…
MCC Transport sees more business with Batangas service
MCC Transport has seen increased business and greater customer satisfaction due to its direct service to Batangas port, about 110 kilometers from the Philippine…
Most PH customs districts off their August collection targets
Out of 18 collection ports of the Philippine Bureau of Customs (BOC), only eight hit their respective targets in August, with Surigao posting the…
Ayala, Aboitiz groups to bid for P10B Mactan airport project
Ayala Corp and Aboitiz Equity Ventures Inc, two of the Philippines’ biggest and oldest conglomerates, last week entered into a 50-50 joint venture to…
Air France-KLM August traffic dips on Asia-Pacific cargo slump
Air France-KLM reported a drop of 7.8 percent year-over-year in cargo traffic for August 2012 following a reduction in its Asia-Pacific and Americas sales.…
CMA CGM clears $178-M net profit for Q2
CMA CGM, the world’s third largest container shipping group, reported a net profit of US$178 million for the second quarter of 2012 against $74 million…
Panalpina adds 3 new direct Asia-Europe LCL services
Panalpina, the Swiss freight forwarder, has added three new direct less-than-container load (LCL) services to its Asia-to-Europe network. Operated by its non-vessel-operating common carrier Pantainer Express…
DB Schenker introduces new air and ocean tracking service
DB Schenker Logistics now offers more options for tracking consignments with the new Advanced Air & Ocean Tracking service. Customers can use the quick…
APEC leaders call for open trade, economic reforms, strong public finances
Leaders of the Asia-Pacific Economic Cooperation concluded the 20th APEC Economic Leaders’ Meeting with a declaration to cushion the damage from the euro debt crisis…
Cargo volume contracts 6% at HK port
Cargo traffic at the Port of Hong Kong fell by 6 percent to 69.1 million tons in the second quarter of 2012 year-over-year, according…
Subic eyes incentives for logistics players
Subic Bay Metropolitan Authority (SBMA) is proposing an incentive program for logistics players to help transform the freeport into a major player in the…
PH gov’t looks at construction of Camarines Sur airport
The agency also asked potential consultants to submit eligibility documents for another project—the conduct a master plan study of Calbayog Airport. The approved budget…
PH private sector wish list for Subic identified
Ramon De Leon, chairman of Manila-based Pac-Atlantic Group, offered a private sector wish list for Subic Bay which, when addressed, would greatly bolster utilization…
