James Miller

AyalaLand Logistics Experiences Profit Drop in 2025 Due to Sluggish Industrial Lot Sales, Plans New Developments

Profit Takes a Hit as Industrial Lot Sales Slow Down AyalaLand Logistics Holdings Corp. (ALLHC) recorded a significant drop in profit for the first nine months of 2025, with net income plunging to P81 million – a steep 87% decrease compared to the P618 million earned in the same period last year. This sharp decline reflects a slowdown in industrial lot sales and the stabilization phase for recently completed and acquired assets within the company's portfolio. The total consolidated revenue mirrored this downward trend, slipping 35% from P4 billion to P2.6 billion in the period under review. The company's management attributes this "modest performance" to a cooling off in industrial lot

Steady Export Expansion and Shrinking Trade Gap Mark Philippine Trade in September 2025

September 2025 figures reveal the Philippines keeping its export momentum alive, leading to a noteworthy contraction in the trade deficit.

Steven Polmans Takes Helm at Swissport as Global Senior Vice President of Cargo, Steering Expansion and Innovation

The air cargo industry is seeing a notable leadership update with the appointment of Steven Polmans as Global Senior Vice President Cargo at Swissport.

Recognizing Air Cargo Innovators: Call for TIACA Hall of Fame 2026 Nominations

Every few years, the air cargo world pauses to celebrate the remarkable individuals who have made significant and lasting contributions to this vital sector.

Chapman Freeborn Strengthens Presence in China by Launching a Zhengzhou Office

Chapman Freeborn has taken a significant leap by opening a new office in Zhengzhou, a key transportation and logistics hub in central China.

How Istanbul Airport’s New Sister Airport Status with Sydney Airport Enhances Global Connectivity and Cargo Flow

İGA Istanbul Airport has expanded its global network by entering a Sister Airport Agreement with Sydney Airport in Australia.

Managing Radioactive Zinc Containers at Manila Port: Responsibilities and Coordination Efforts

For several weeks, 23 containers loaded with zinc dust have been anchored off the coast of Manila, caught in a logistical and regulatory limbo due to radioactive contamination concerns.

Samsung Commits P50.7 Billion for Expansion of Manufacturing Facility in the Philippines

Massive Investment Boost for High-Tech Manufacturing in Laguna The South Korean technology giant, Samsung Electro-Mechanics Co. Ltd. (SEMCO), is injecting a fresh capital of P50.7 billion into its Philippine manufacturing operations. This significant expansion of its local subsidiary, Samsung Electro-Mechanics Philippines Corp. (SEMPHIL), is mapped out at the Calamba Premiere International Park in Laguna. Creating Thousands of High-Tech Jobs This major investment is expected to generate around 3,000 new jobs for Filipino engineers and technicians, underscoring the country's growing role as a hub for cutting-edge manufacturing. Present on the scene during the signing was President Ferdinand

BNSF Railway Strengthens Q3 Performance with Revenue and Profit Gains

BNSF Railway, part of Berkshire Hathaway, has once again demonstrated solid financial growth in the third quarter of 2025.

PEZA Reports a Significant P175 Billion in Ecozone Projects Boosting Jobs and Exports

As of October 2025, the Philippine Economic Zone Authority (PEZA) has approved a whopping P175.37 billion in new and expansion projects, marking a remarkable 41.72% growth compared to last year.

A Closer Look at the Recent Drop in U.S. Rail Traffic and Its Implications

For the third consecutive week, rail traffic across the United States has dipped below 2024 levels, continuing a streak where volume is shrinking mainly in two key areas: carloads and intermodal shipments.

Amazon Spain’s Planned Workforce Reduction Highlights Shifts in Digital and Corporate Operations

Amazon Digital Spain has announced its plan to initiate two separate processes impacting around 1,200 employees across its Madrid and Barcelona offices.