Thursday, December 3, 2020

Monthly Archives: March, 2014

Survey: container shipping sector very confident rates, demand will improve

The shipping industry is currently displaying the highest level of confidence in almost six years about its prospects concerning freight rates and market demand. The...

Smaller box carriers forecast to join merger trend

The tie-ups currently occurring among big container shipping lines will prompt smaller operators to seek their own consolidation in order to remain in competition,...

PSA registers double-digit profit in 2013, plans more investments

Singapore-based global port operator PSA International (PSA) posted higher profit, revenue, and volumes in 2013, describing its performance as credible in a year it...

BOC issues schedule of port dues for assessment purposes at MICT, South Harbor

The Philippine Bureau of Customs (BOC) has released a schedule of cargo-handling tariff, arrastre charges and wharfage dues that must be used as guide...

Zim, CSCL fall deeper into red

Bigger freight volumes could not lift Zim Integrated Shipping’s earnings, as it posted a wider net loss in 2013 year-over-year. The Israeli carrier reported a...

Hapag-Lloyd stems further losses, sees improved prospects

Box carrier Hapag-Lloyd narrowed its loss in 2013 as earnings and volumes improved despite a difficult environment, and expressed brighter hopes for this year...

Cargolux hires new CEO, Asia-Pacific executive

European all-cargo airline Cargolux International Airlines has appointed a new chief executive officer and a new senior vice president for its Asia-Pacific operations. Named president...

Smartphone sensors can revolutionize logistics—DHL study

Logistics companies should look into the potentials of applying consumer-oriented technologies such as smartphones and tablet PCs to their business operations to improve efficiency,...

Asia cargo airlines making tentative recovery

Global air cargo markets were relatively flat in February due to the timing of the Chinese New Year holidays, but Asia-Pacific carriers logged a...

‘Profound changes’ reshaping shipping industry to the core

The container shipping industry is facing an increasingly deteriorating scenario of supply-demand imbalance, spiraling debts, and market uncertainties that is prompting “profound structural changes”...

Most Read

BOC-NAIA seizes 28 kilos of rare agarwood worth P2.4M

  Bureau of Customs intercepted in Pasay City three packages containing 28 kilos of agarwood with an estimated street value of P2.4 million All...

Industry expert pushes multimodal transport in ASEAN for cost savings

Multimodal transportation offers reduced costs, saves time and improves shipment monitoring during transit Dealing with customs transit/transshipment procedures of countries a multimodal transport challenge Multimodal...

PH, Indonesia to ink Halal trade deal

The Philippines and Indonesia are set to sign a memorandum of understanding (MOU) on Halal cooperation that will facilitate trade of Halal-certified goods...

Bellyhold shortage hampers Asia’s air cargo market recovery

Regional carriers transported 13% less cargo in October year-on-year even as global business conditions continued to improve Air cargo traffic held back by...