Philippine logistics firm 2GO Group, Inc posted a net loss of P365 million in the first half of the year compared to last year’s…
2GO Group books P365M loss in H1
The Latest
Cebu Pacific income dips 29%
Low-cost Philippine carrier Cebu Pacific (CEB) reported a net income of P1.736 billion in the first half, down 29% year-on-year due mainly to soaring…
Lorenzo Shipping sees 60% jump in income
Philippine cargo carrier Lorenzo Shipping Corp. (LSC) posted a 60% increase in net income for the first half of the year, thanks to higher…
Solid Shipping eyeing two 300-TEU vessels
Philippine cargo carrier Solid Shipping Lines (SSL) is set to replace two of its ageing vessels in an effort to boost operational efficiency and…
ATI sees slight drop in first-half income
Philippine port operator Asian Terminals, Inc (ATI) posted a small decline in net income in the first half of the year, due in part…
Supply Chain Asia Logistics Awards
As SCMAP presses on with the determination of this year’s winners of its Salute to Supply Chain Excellence (SSCE) awards, another set of logistics…
Dachser expanding into new markets
Freight forwarder Dachser’s Air & Sea Logistics division plans to open offices in 21 new countries and expand its activities in Vietnam as it…
Emirates Shipping launches Far East-Gulf route
Emirates Shipping Line will start a new Far East-Middle East service early next month linking Korea and central and south China directly to the…
Healthcare sector to invest in new markets, technologies over next few years
Some 83 percent of polled healthcare executives plan to invest in new global markets and new technologies over the next three to five years…
Qantas Airways books net loss, scraps order for 35 B-787 Dreamliners
Suffering its first annual loss since 1995 when it was privatized, Australian airline Qantas Airways cancelled an order for 35 Boeing 787 Dreamliners to…
Box carriers eyeing GRIs for Asia trade
Two ocean carriers are implementing higher rates over the next two months. German container shipping line Hapag-Lloyd announced rate increases for its Japan-East Asia…
DHL opens new logistics hub at Busan port
DHL Global Forwarding has opened a new multimodal gateway at the Port of Busan in South Korea to provide additional less-than-containerload (LCL) services from…
APL bowing out of WTSA
Container carrier APL is quitting the Westbound Transpacific Stabilization Agreement (WTSA), a research and discussion forum of container shipping lines operating in the trade lane from…
Asian ports increasing share of global container traffic—report
In the last 10 years container throughput at global ports has more than doubled, with Chinese ports increasing their volume share by 30 percent,…
Changi airport’s cargo shipments contract in July
Cargo volume handled at Singapore Changi Airport fell in July year-over-year, company statistics show. Changi saw shipments decrease by 4.5 percent to 152,900 tonnes last month…
IBM establishes supply chain analytics center in Singapore
IBM launched its first analytics-based supply chain center in Singapore to help organizations in Asia-Pacific improve their supply chains. The IBM Supply Chain Analytics…
CMA CGM resolute on September peak season surcharge
CMA CGM reiterated on August 20 that the imposition of the peak season surcharge (PSS) on the Asia-Europe trade lane will push through in…
Wan Hai, MOL merge intra-Asia slings, deploy bigger vessels
Taiwan’s Wan Hai Lines (WHL) and Japan’s Mitsui O.S.K. Lines (MOL) have agreed to merge their Japan-Indonesia services to increase their capacity and coverage of…
Evergreen Line adds new Far East-Europe loop
Even as overcapacity and weak demand plague this trade lane, Evergreen Line plans to launch a new Asia-Northern Europe route this week. The new…
HKIA, AAT see decline in cargo volume for July
After posting growth in May and June, Hong Kong International Airport (HKIA) saw cargo volume in July decline 1.6 percent year-on-year to 335,000 tonnes.…
