Australian carrier Qantas Airways expects to break even again from 2015 after it forged a tie-up with Middle East carrier Emirates to bolster its…
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PH will miss Asean Single Window hookup deadline
The Philippines will likely miss the deadline for implementation of the Asean Single Window (ASW) in 2015 with the local version of the program,…
PH BOC Aug collection off the mark by 21%
The Philippine Bureau of Customs’ (BOC) collection for August missed the target by 21% to P22.22 billion, as a result of floods and the…
A myth on OFW remittances
Whenever Bangko Sentral ng Pilipinas (BSP) announced hefty increases in OFW remittances, its spokesmen sounded so upbeat, at times, even euphoric. The figures have…
Supply Chain: The Unlisted Victim of “Habagat”
Today, a few days before SCMAP’s Annual Supply Chain Conference, on September 13-14, we again have a guest columnist. Most appropriately, he is Ike…
Robert Sappio appointed Rickmers Americas President, CEO
The Rickmers Group has appointed Robert Sappio to the position of President and CEO of Rickmers Americas. He will report to Ronald D Widdows,…
Leased container box fleet shows strong growth
The leased container equipment fleet grew strongly in 2011, and the outlook for 2012 is similar. But nowadays it is the equipment-leasing companies, rather than…
APEC region forecast to grow 4.2% in 2012
Despite the weak global economy, trade in the Asia-Pacific Economic Cooperation region is predicted to remain healthy and outperform the rest of the world…
Singapore opens new wharf for lighter industry
The Maritime and Port Authority of Singapore (MPA) has opened the new Marina South Wharves (MSW), constructed to complement the existing lighter terminal at Penjuru and…
APL Logistics, Con-way extend guaranteed shipping to Indonesia
APL Logistics and Con-way Freight announced the expansion of their guaranteed shipping services for containerized ocean trade to Indonesia. The global trade partners said…
Hactl bags Ground Handler of the Year Award
Hong Kong — Hong Kong Air Cargo Terminals Limited (Hactl), the air cargo handler at the world’s largest air cargo hub, has been voted…
US-Asia lines recommend Oct 1 dry cargo rate hike
Oakland, CA– Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced a recommended general rate increase (GRI) that will apply to…
PH first-half cargo volume up 6%
Philippine cargo throughput in the first half of the year went up 6.17% due to higher volume of foreign cargoes, particularly exports, according to…
Subic, Clark investments grow along with ambition to become transport hubs
The Philippine government is eyeing Subic and Clark to provide a world-class passenger mobility and cargo distribution network, according to National Economic and Development…
PH, Mexico tighten customs ties
The Philippine Bureau of Customs and its Mexican counterpart recently forged an agreement facilitating enhanced border control and protection between the two countries. Under…
APL Logistics starts new door-to-door car transport service
APL Logistics has introduced a new door-to-door automotive transport service that uses flexible container racks to accommodate up to three times the usual number…
G6 Alliance suspends an Asia-Europe loop
The G6 Alliance will suspend its Loop 3 service between the Far East and Europe “until further notice.” The service is being put on…
Kerry Logistics expands into insurance
Kerry Logistics has further expanded its business portfolio by entering into the insurance sector through the acquisition of Taishan Insurance Brokers Ltd (TIB), which…
Evergreen still in the red despite Q2 profit
Evergreen Marine Corp., operator of one of the world’s largest container fleets, saw its first quarterly profit after three straight quarterly losses. The positive…
Global air freight carriers face tougher ride in second half
International air freight demand in July fell 3.2 percent year-over-year, largely due to a relatively strong July in 2011 and overall weak demand in…