Monday, March 1, 2021

Monthly Archives: March, 2015

Strong peak season, lower fuel costs swell FedEx income 53% in Q3

U.S. package delivery giant FedEx Corp. reported a net income of US$580 million, or $2.01 per diluted share, for the third quarter ended February...

IMF expects over 5% growth for Indonesia despite headwinds

Indonesia has garnered a “broadly positive” outlook for the near term from the International Monetary Fund (IMF) for putting a new emphasis on competitiveness-driven...

Subic maritime conference highlights growth potentials of Central, Northern Luzon gateway

The Subic Bay Metropolitan Authority (SBMA), in cooperation with the Subic Bay International Terminal Corp (SBITC)., is holding the 2nd Subic Bay Maritime Conference...

Study: For greater use of Batangas and Subic ports, prescribe fines or restrict volume

The Philippine government has two policy options that could boost utilization of the Batangas and Subic ports, according to a recent government study. These are...

Subic port seen to handle 55.8% more cargo in 2015

The Subic Bay Metropolitan Authority (SBMA) expects to see cargo volume at Subic port increase by 55.8% this year following the robust container volume...

NLEX’s P1.6B Segment 9 opens as alternative route to Port Area

Manila North Tollways Corp. (MNTC) has opened Segment 9 of the North Luzon Expressway (NLEX) Harbor Link, providing an alternative access to Valenzuela City...

Bill opening PH domestic ports to foreign ships passes House committee level

The Lower House has approved at committee level a bill that will allow foreign ships to dock at multiple Philippine ports if they carry...

US West Coast congestion messed up carrier reliability—report

The new alliances on the Asia-Europe route helped to push up the reliability of shipping lines recently, but the on-time levels were undercut by...

ASEAN progress lies in taking convergence to next level, says exec

The Association of Southeast Asian Nations (ASEAN) has made progress through convergence, and it should continue to strengthen measures promoting this thrust, according to...

Cathay Pacific posts 20% profit in 2014, off to a strong 2015 start

The Cathay Pacific group pocketed HK$3.15 billion (US$406 million) in profit for 2014, up 20.2% from HK$2.62 billion in 2013, as a result of...

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