Global airfreight traffic in May was tugged downward by deteriorating global economic conditions, latest figures from the International Air Transport Association (IATA) show. May…
International air cargo volume drops 1.9% in May
The Latest
Container ships could reap $1.8-B profit in 2012
After losses of over US$6 billion in 2011 and an “appalling” first quarter this year, the container shipping industry could cut its losses to…
PH ports agency to spend P212M for relocation of informal settlers at North Harbor
The Philippine Ports Authority (PPA) has approved disbursement of P212.5 million to relocate 768 informal settler families residing in North Harbor. This will pave…
Aviation agency gets new boss
Retired Lt. Gen. William Hotchkiss III has been appointed chief of the Civil Aviation Authority of the Philippines (CAAP). The former commanding general of…
Davao port privatization moving along
The Philippine Ports Authority (PPA) will submit to the National Economic and Development Authority (NEDA) privatization documents for the Port of Davao by July…
Jan-May PH cargo throughput, container volume up marginally
Philippine cargo throughput grew 5.55% in the first months of the year anchored on strong performance of the export sector and a healthy rise…
Indonesia partners with Chinese firm to develop Batam port
Indonesia Port Corporation (IPC) said it has forged an agreement with China Merchants to develop the Port of Tanjung Sauh in Batam at a…
Myanmar to build new airport in 2013
Myanmar is planning a second international airport in Yangon, the country’s largest city, in anticipation of a jump in tourist arrivals following political reforms…
Panama Canal postpones toll hikes to October
The proposed toll hikes at the Panama Canal will be moved from July this year to October 2012 and October 2013 following protests from…
Auto logistics hub to boost Penang port throughput
Cargo traffic at Penang Port in Malaysia is expected to increase by early next year with the planned construction of an automotive logistics hub…
FedEx plans to buy 19 more Boeing aircraft
FedEx Express continues to restructure its air fleet by agreeing to buy 19 additional B767-300 aircraft from The Boeing Company to improve the efficiency and…
Lao PDR shows strong interest to import PH food products
The Lao People’s Democratic Republic is keen on importing various Philippine food products, particularly rice and fashion accessories. Speaking during a recent business matching…
PH furniture exporters seek urgent help on logging issues
Philippine furniture exporters reiterated their call for government to act on pressing industry concerns before these issues “kill” the industry. Myrna Bituin, trustee for…
Manila North Harbor operator excluded from any potential rate increase
The Philippine Ports Authority (PPA) has disqualified North Harbor operator Manila North Harbour Port, Inc. (MNHPI) from any cost-recovery scheme petitioned by an association…
Amendment Vote
The general membership meeting scheduled for June 21, 2012 was postponed by one week to June 28. The two key items in the…
Poison in Food
Whether we like it or not, the Philippines is now under extreme pressure to comply with global quality, safety, health and even environment standards…
RCL sees sustained growth in PH business for 2012
Feeder operator Regional Container Lines (RCL) is anticipating sustained business growth in the Philippines despite the global economic crisis. Jesus Sedano, owner’s representative of…
Jugro Transport hosts 10th Global Alliance Corp annual general meeting
Jugro Transport International Phils Corp recently hosted the 10th Global Alliance Corp (GAL) annual general meeting (AGM) of international agents at the Hotel Sofitel…
PH April imports down 13.7%
Philippine imports dropped in April due to the slow performance of the semiconductor and electronics sector. Latest data from the National Statistics Office showed…
AAPA: Asia-Pacific carriers face challenging second half of 2012
The recovery of the air cargo market continues to falter, strongly hindered by the euro zone crisis, traffic figures for May 2012 show. The…
