“The strength of this typhoon is no joke,” warns a disaster official as this major typhoon approaches the Philippines.
First Pacific typhoon of 2020 could hit ports in the northern Philippines Thursday.
Canada’s federal postal carrier asks Canadian producers to stop shipping cannabis to Campobello Island — because of the troublesome transit through Maine.
Taal volcano entered “period of intense unrest”, shutting down Manila’s international airport.
Importing and selling counterfeit Native American-style jewelry violates the Indian Arts and Crafts Act.
In what appears to be a trend, another transport and logistics company has reported a weak overall year-to-date but with a steeper downward dive in the third quarter. Retail logistics specialist LBC Express revealed a small loss in the third quarter of the year against a background of rising revenues.
Box-port operator Asian Terminals has seen a massive surge in nine-month revenues and profits but it has also witnessed a downturn in the third quarter of 2019.
It’s a largely good set of third-quarter results for the Philippines-based but globally operating container terminal operator ICTSI. “Strong financial performance,” says President and Chairman Enrique K. Razon. On a nine-month basis, the growth surge is pronounced.
Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax.
Manila, Philippines-based container terminal operator International Container Services International has posted a solid set of first quarter results. Revenues were up. Profits were up. Box lifts were up. The group attributed its good results to operational improvements, lower finance costs and a “ramp up” in contributions by its new ports.
International Container Terminal Services (ICTSI) has released solid results for 2018. The port and terminal operator, which is headquartered in Manila, Philippines, had an up-up-up 2018 compared to 2017. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.
After Super Typhoon Yutu crashed into the U.S.’s northern Mariana Islands last week, the Philippines is getting ready for the storm to strike. Storm surge, flooding, landslides likely.
