Asia-Pacific carriers, the largest players in air cargo, sustained the biggest damage from the continued contraction in air freight demand, seeing volume in September…
Asia-Pacific air freight demand contracts 6.3% in September
The Latest
APL advisory: branch offices in Thailand remain open
APL, the container shipping unit of the NOL Group, released a customer advisory that, with the heavy flooding in Thailand, acceptance of inbound cargo…
MOL revises performance forecast for FY2011
Japanese ocean carrier Mitsui O.S.K. Lines (MOL) today revised downward its consolidated business outlook for fiscal year 2011 that was issued on July 29,…
Asia-Pacific air cargo volume drops 6.5% in September
Asia-Pacific’s international air freight markets continued to soften in September 2011, according to traffic figures released 27 October by the Association of Asia Pacific…
MCC makes contingency plans for Thailand floodings
MCC Transport, the intra-Asia container carrier of A.P. Moller-Maersk Group, released a series of statements on 27 October 2011 concerning the massive flooding in Thailand…
CSAV suspends Asia-Caribbean sling 2 for winter
Compañía Sud Americana de Vapores (CSAV) announced the suspension of its Joint Caribbean Service Sling 2 (JCS2) from the Far East to the Caribbean…
PH port agency orders installation of more weighbridges
The Philippine Ports Authority (PPA) has ordered all cargo-handling operators to install more weighbridges if the daily volume of containers and roll on-roll off…
Common carrier tax stays, rules PH finance agency
The common carriers tax and Philippine billings tax will continue to be levied on international airlines, according to the Department of Finance (DOF). A…
Asia-Pacific is world’s driver of growth
Asian countries are likely to weather the global economic downturn while the rest of the world will remain in the danger zone, according to…
PH customs to drop GPS project; RFID pushed instead
The Philippine Bureau of Customs (BOC) will likely drop plans to equip containers with a global position system (GPS) device and will instead explore…
UPS cuts Asia air capacity on slow exports to the U.S.
United Parcel Service (UPS) reduced its air capacity from Asia in the third quarter of 2011 amid a significant demand downturn from the U.S.,…
New DHL ocean freight service delivers food from Europe to Asia
DHL Global Forwarding, the air and sea freight specialist of Deutsche Post DHL Group, now offers ocean freight forwarding for exclusive, temperature-sensitive food in…
China-ASEAN Plaza launched in Nanning, China
China and the Association of Southeast Asian Nations have opened the China-ASEAN Plaza in Nanning city in Guangxi, China, aimed at bolstering trade between the…
China trims air traffic forecast for 2011 amid global economic downturn
The General Administration of Civil Aviation of China has lowered its official air traffic forecast for 2011 as the global economic slowdown impacts its passenger…
DHL opens first marine spare parts logistics tower in Singapore
Air and ocean freight forwarder DHL Global Forwarding has entered the marine spare parts logistics industry with the launch of its first global marine…
Newsbits
GMM Guests The fourth GMM of 2011 held last Oct. 21 marked the first time many guests (more than 10) were invited. This is…
Cebu Pacific Q3 passenger traffic up 12%
PHILIPPINE budget airline Cebu Pacific (CEB) posted a 12% growth in passenger volume in the third quarter of the year on the back of…
Higher costs loom for PH shippers to Europe
Philippine exporters and importers face increased costs with the impending pullout of Air France-KLM’s Amsterdam-Philippine service, the country’s only direct flight to and from…
PH National Single Window Phase 2 seen by yearend
The Philippine Bureau of Customs (BOC) expects to start the second phase of the National Single Window (NSW) by yearend. “As of now, there…
Maersk and MISC revamp southeast Asia-Oceania loop into a butterfly
Maersk Line, the Danish global shipping giant, and MISC, Malaysia’s leading international shipping line, have enlarged their southeast Asia and Oceania coverage from a…
