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SLEX expansion set for completion by Dec

The South Luzon Expressway expansion project is set for completion in December, in time for the holiday season Now 70% done, the project...

Tanza Barge Terminal opens, offers alternative to trucking

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Asian Terminals Inc. and DP World opened Tanza Barge Terminal in Cavite on April 25 TBT provides cargo owners an alternative to trucking ...

MetroCas Industrial Estates gets PEZA registration

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The Philippine Economic Zone Authority has signed the registration agreement of MetroCas Industrial Estates-Special Economic Zone in Tanza, Cavite The development follows the...

ATI earmarks P2.7B for 2024 capex

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Asian Terminals Inc. is allocating at least P2.7 billion for capital expenditures this year The 2024 capex will support berth and yard expansion...

P30B needed to develop deep-water ports

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The Philippine Fisheries Development Authority needs P30.1 billion to upgrade over a dozen regional and subregional seaports into deep-water ports The four-year program...

Government oks 25,000MT fish imports

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The government has approved the importation of 25,000 metric tons of frozen small pelagic fish for wet markets DA Memorandum Order No. 17...

Filipino seafarers banned from ships sailing through Red Sea

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The Department of Migrant Workers banned the deployment of Filipino seafarers onboard passenger and cruise ships set to sail through the Red Sea...

DSV profit drops in Q1 2024

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DSV reported lower earnings in the first quarter of 2024 The performance is “in line with expectations reflecting the normalization of freight markets,”...

UPS consolidated revenues down 5.3% in Q1 2024

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UPS’s consolidated revenues for the first quarter of 2024 reached $21.7 billion, down 5.3% compared to the same period last year Consolidated operating...

Kuehne+Nagel reports lower earnings in Q1 2024

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The Kuehne+Nagel Group reported lower earnings in the first quarter of 2024 impacted by negative exchange rate effects Gross profit sank 13% to...

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