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Latest news on transportation and cargo industry

VN to launch first chopper ride-hailing service

VN to launch first chopper ride-hailing service

Apr. 15 | Ha Long Bay FastGo, Vietnam’s ride-hailing company, has announced its plan to launch the country’s first helicopter ride-hailing service in Hanoi by the end of this month. FastGo has co-operated with a helicopter firm in Vietnam, which declined...

Electronic information exchange now required for ports, says IMO

Electronic information exchange now required for ports, says IMO

Apr. 12 | The International Maritime Authority (IMO) announced that a mandatory requirement for national governments to introduce electronic information exchange between ships and ports is now in effect. The requirement, which came into effect on April 8, 2019,...

Manila ports report higher container pullouts, lower yard utilization

Manila ports report higher container pullouts, lower yard utilization

Apr. 11 | Weeks after government agencies and the private sector signed a manifesto for the efficient use of Philippine ports, improvements in container pullouts and yard utilization at Manila ports have been recorded, the Department of Transportation (DOTr) said...

Transfer of overstaying boxes cuts MICT yard utilization to 70%

Transfer of overstaying boxes cuts MICT yard utilization to 70%

Apr. 9 | Manila International Container Terminal photo courtesy of port operator International Container Terminal Services, Inc. Yard utilization at Manila International Container Terminal (MICT) has declined from 90% in January to 70% at the start of April as...

SG, MY cooperate to ease rows over airspace, port limits

SG, MY cooperate to ease rows over airspace, port limits

Apr. 8 | Singapore and Malaysia have agreed to cooperate and put on hold their bickering over the use of airspace, even as they have also implemented the suspension of their overlapping port limits. In a joint statement by their respective transport ministers,...

Almost all regions saw passenger growth moderate in Feb

Almost all regions saw passenger growth moderate in Feb

Apr. 8 | Global air passenger traffic for February rose 5.3% compared to February 2018, the slowest rate of growth in more than a year but still in line with long-term demand trends, according to figures released by the International Air Transport Association...

Air freight demand in Feb lowest in past 3 years—IATA

Air freight demand in Feb lowest in past 3 years—IATA

Apr. 6 | Global air freight demand decreased 4.7% in February 2019 compared to the same period in 2018, the fourth consecutive month of negative year-on-year growth and the worst performance in the last three years, according to data from the International Air...

Cathay, Lufthansa expand cargo network cooperation

Cathay, Lufthansa expand cargo network cooperation

Apr. 6 | Hong Kong-based Cathay Pacific’s cargo division and German carrier Lufthansa Cargo have expanded their joint business agreement (JBA) to enable the start of eastbound joint shipments from Europe to Hong Kong. Under the expanded JBA framework, Hong...

PPA sets rules on transfer of overstaying cargoes at Manila ports

PPA sets rules on transfer of overstaying cargoes at Manila ports

Apr. 5 | Manila South Harbor photo courtesy of Asian Terminals Inc. The Philippine Ports Authority (PPA) has issued detailed regulations involving the transfer of overstaying import shipments from Manila South Harbor (MSH) and Manila International Container Terminal...

Global air cargo continues to decline 

Global air cargo continues to decline 

Apr. 2 | Air cargo volumes continued to fall in February 2019, with Asia-Pacific taking the largest beating in the first two months of the year, according to the latest data from WorldACD. Total chargeable weight for February fell 5.8% year-over-year and contracted...
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