Home » Breaking News

Breaking News

Latest news on transportation and cargo industry

Air Berlin files for bankruptcy

Air Berlin files for bankruptcy

Aug. 16 | German carrier Air Berlin filed for insolvency August 15 after its main shareholder Etihad Airways declared it would not be providing further financial support. In a statement released the same day, Air Berlin, Germany’s second biggest airline and Europe’s...

Turkey applies anti-dumping duties on VN polyester yarn

Turkey applies anti-dumping duties on VN polyester yarn

Aug. 16 | The government of Turkey intends to impose temporary anti-dumping duties on polyester partially oriented yarn (POY) imported from Vietnam. The Turkey General Directorate for Imports under the Ministry of Economy announced that anti-dumping duties of 36.28%...

APAC volumes to stay healthy, steady yearlong—report

APAC volumes to stay healthy, steady yearlong—report

Aug. 16 | The Asia-Pacific region continues to be a region of much opportunity for freight forwarders, although the rest of the year may not be as robust as the first half, according to the latest results of the APAC Forwarding Index, which measures monthly trade...

Thailand deposits instrument of accession to Montreal Convention

Thailand deposits instrument of accession to Montreal Convention

Aug. 14 | The Thai government has deposited to the International Civil Aviation Organization (ICAO) Thailand’s instrument of accession to the Convention for the Unification of Certain Rules for International Carriage by Air. ICAO, a United Nations specialized...

Yang Ming slices Q2 net loss 90% on stronger volumes, sales

Yang Ming slices Q2 net loss 90% on stronger volumes, sales

Aug. 14 | Taiwan’s Yang Ming Marine Transport Corporation reported narrowing its net loss in the second quarter of 2017 both year-on-year and quarter-on-quarter as volumes rose and revenues expanded. In a statement, Yang Ming said its net loss for Q2 2017 was...

SG’s NODX growth slows; HK goods exports up

SG’s NODX growth slows; HK goods exports up

Aug. 14 | Singapore’s non-oil exports (NOX), which include both non-oil domestic exports (NODX) and non-oil re-exports (NORX), grew year-on-year by 5.7% in the second quarter of 2017, extending the preceding quarter’s 10.2% expansion, according to International...

Vietnam speeds up hiring of foreign consultants for Tan Son Nhat airport upgrade

Vietnam speeds up hiring of foreign consultants for Tan Son Nhat airport upgrade

Aug. 14 | Vietnam’s Prime Minister Nguyen Xuan Phuc has okayed the hiring of foreign consultants who will conduct studies on the expansion of Tan Son Nhat International Airport in Ho Chi Minh City. The move is in line with the provisions of the country’s law...

PH moratorium on truck overloading prohibition extended anew

PH moratorium on truck overloading prohibition extended anew

Aug. 13 | The Philippine Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr) have once again extended for another six months the moratorium on the enforcement of the anti-overloading policy on trucks categorized under codes 12-2...

China’s big maritime asset push more about geopolitics than profit?

China’s big maritime asset push more about geopolitics than profit?

Aug. 13 | The aggressive takeover of ports and shipping lines by China when the maritime industry is facing risks and challenges may seem illogical, but it may actually be a smart move propelled more by a geopolitical agenda than profits, according to a new blog...

Indonesian GDP registers 5.01% growth in Q2

Indonesian GDP registers 5.01% growth in Q2

Aug. 11 | Indonesia recorded economic growth of 5.01% in the second quarter of 2017 year-on-year, unchanged from the 5.01% year-on-year expansion posted in the first quarter of the year,  according to Bank Indonesia. However, Q2 growth is down from the 5.18% growth...
Close
Please support the site
By clicking any of these buttons you help our site to get better
Social PopUP by SumoMe
Copy Protected by Chetan's WP-Copyprotect.