Tuesday, January 19, 2021

Monthly Archives: May, 2012

Asia-Pacific cargo airlines battling soft market, steep oil prices

Cargo airlines based in the Asia-Pacific region continued to feel the impact of weak global markets in April, said the Association of Asia Pacific...

IATA: World air cargo demand still weak but tracking growth

International air freight demand went down 4.2 percent in April this year compared to the same period last year, according to the latest traffic...

Hacis goes for ITFS to speed its road feeder services

Hacis (Hong Kong Air Cargo Industry Services Limited), the road feeder and added-value services arm of Hactl, is equipping all of its air cargo...

Indonesia ports book 46% jump in net profit

The net profit of state-owned port operator Indonesia Port Corporation (IPC) increased by almost 46 percent to US$54.3 million in the first quarter of...

Geodis Wilson opens Singapore logistics center

France-based freight forwarder Geodis Wilson has opened a new fully integrated logistics center in Singapore as part of its business expansion across the Asia-Pacific. Located...

PH truckers see 10% volume hike

Members of the Confederation of Truckers Association of the Philippines (CTAP) are enjoying a 10% rise in cargo handled in the first four months...

2GO’s supply chain unit posts 9% dip in Q1 revenues

Manila-based 2GO Group, Inc remains optimistic about its cargo business prospects for the year despite posting lower first-quarter revenues from its supply chain unit. In...

Over P1B North Port contracts awarded

North Port operator Manila North Harbour Port, Inc (MNHPI) recently awarded contracts worth P1.055 billion to private contractors in support of the port’s modernization...

Lorenzo Shipping posts income in Q1

Philippine cargo carrier Lorenzo Shipping Corp (LSC) posted a net income of P15.925 million in the first quarter of the year compared to the...

New equipment in place at MICT

International Container Terminal Services, Inc (ICTSI) recently added a new line of port equipment at the Manila International Container Terminal (MICT). The multi-trailer system (MTS)...

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