Friday, 5 July 2024
12 hours ago
FedEx to double size of its Clark hub as logistics demand booms
Federal Express Corporation, one of the world’s largest express transportation companies, has signed an agreement with Luzon International Premiere Airport Development to expand its gateway at Clark International Airport in Pampanga.
1 day ago
2GO boosts small firms in GenSan, Davao with new ‘last-minute’ cargo service
2GO, the Philippines' largest logistics provider, has expanded its shipside services to General Santos and Davao, marking the sixth and seventh ports to offer this service after Manila, Cebu, Cagayan de Oro, Iloilo, and Zamboanga.
11 Jun 2024
10:04AM
Clime Capital invests P350M in Mober to boost green logistics fleet
Mober, a leading green logistics provider in the Philippines, has secured a $6-million investment — approximately P350 million at the prevailing exchange rate — from the South East Asia Clean Energy Facility II, managed by Clime Capital.
7 Jun 2024
7:43PM
Ayala Group recruits Maersk executive Erry Hardianto as AC Logistics CEO
The Ayala Group has hired Maersk’s top Asia Pacific executive to lead its logistics unit, which is undergoing strategic reorganization.
6 May 2024
1:33PM
International operations pushed up Razon’s ICTSI’s Q1 earnings by 36%
By: Miguel R. Camus
Tycoon Enrique Razon Jr’sInternational Container Terminal Services, Inc. (ICTSI) reported a robust increase in net income for the first quarter of 2024, rising 36 percent to $209.88 million, bolstered by an 11 percent increase in revenue from port operations, which reached $637.65 million.
27 Apr 2024
1:44PM
President Marcos inaugurates the expanded Batangas Port passenger terminal
By: Miguel R. Camus
President Ferdinand R. Marcos Jr. led the inauguration of the newly expanded Batangas Port Passenger Terminal Building, the country’s largest and most modern maritime hub.
18 Apr 2024
11:59AM
Enrique Razon Jr. optimistic about 2024, ICTSI thrives amid global tensions
By: Miguel R. Camus
Tycoon Enrique Razon Jr. brushed aside tensions between Manila and Beijing, saying their port operations in China remain unaffected and the company is optimistic about opportunities in 2024 as its stock price held on to near record highs.
3 Apr 2024
10:32PM
Asia-Pacific Cargo Growth Slows in February — IATA Report
Despite the global air cargo market experiencing a robust 11.9% growth in February 2024, the Asia-Pacific region witnessed a sharp slowdown in momentum, with cargo demand growth decelerating to 11.9% from January's 24.3%.
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