Severe port congestion at the Philippines’ port of Manila in recent months resulted in average vessel delays of more than five days, according to a recent report from CargoSmart.
FedEx, Direct Relief, and Heart to Heart International Team Up to Deliver Supplies and Aid to Philippines
“K” Line to Support Transportation of Emergency Relief Supplies to Typhoon-hard-hit Area in the Philippines by its Containerships.
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
14 May 2014
Heavy congestion at the Manila flagship of International Container Terminal Services, Inc. (ICTSI) had no obvious impact on its first quarter results with the Philippine-based port operator’s net income growing by 29 percent to $52.4 million.
12 May 2014
Manila mayor Joseph Estrada on May 12 suspended the Philippine capital’s deeply unpopular daytime truck ban for the next eight days in a bid to clear containers choking the port before a World Economic Forum summit begins on May 21.
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
14 Apr 2014
Philippine terminal operators believe calls to transfer container-handling operations away from Manila as part of the solution to ease chronic traffic congestion in the city are unrealistic.
08 Apr 2014
Manila’s heavy vehicle access restrictions, imposed in February to help ease the city’s notorious gridlock, are frustrating the Philippine shipping and logistics industry.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
07 Apr 2014
Foreign investment in the five founding members of ASEAN, the Association of Southeast Asian Nations, last year topped $128.4 billion, five times the 2001 level, Merrill Lynch economist Chua Hak Bin said in a report carried today by the South China Morning Post.
17 Mar 2014
U.S. containerized exports slipped 1.2 percent year-over-year in January to 958,708 TEUs...
06 Dec 2013
Almost a month after Typhoon Haiyan devastated large swathes of the Philippines the relief effort is still struggling to meet the needs of the millions affected. Logistics capacity is proving a key choke point despite many of the world’s leading transport companies offering support.