Tycoon Enrique Razon Jr.-backed International Container Terminal Services Inc. (ICTSI) grew first-half recurring net income by 25 percent despite challenging global conditions.
International Container Terminal Services Inc. (ICTSI) has marked another milestone in its global port network after its Poland terminal handled the largest container ship ever to call at the Port of Gdynia.
Global logistics provider Rhenus is strengthening its presence in the Philippines by providing sustainable warehousing services to Bosch Philippines while expanding its local logistics network through new facilities in Metro Manila.
The companies announced on July 7 that A.P. Moller Capital – Emerging Markets Infrastructure Fund II, through EMIF II Holding III B.V., has completed its investment for a 40-percent stake in AC Logistics after satisfying all closing conditions, including merger control clearances.
FAST Logistics Group is expanding its transport capacity as businesses demand faster and more reliable movement of goods nationwide, reinforcing the growing importance of logistics infrastructure in supporting supply chains across multiple industries.
FAST Logistics Group has expanded its nationwide third-party logistics network with the launch of the FAST Davao Logistics and Crossdock Mega Hub, a facility designed to improve supply chain efficiency and distribution capabilities across Southern Mindanao.
Tycoon Enrique Razon Jr.-backed International Container Terminal Services Inc. is strengthening its bet on Europe as its Croatian terminal secures another direct shipping link to Asia.
The Cebu-based Chiongbian family has regained full ownership of one of the Philippines’ largest logistics operators, buying back the 40 percent stake held by private equity giant CVC Capital Partners, MergerMarket reported last week.
Global professional services firm EY and on-demand delivery platform Lalamove have signed a Memorandum of Understanding (MOU) to accelerate innovation in the low-altitude economy (LAE) and next-generation enterprise logistics.