Container Carriers Predictably Reach Another Profit Record

Facts in the first two months (January-February) indicate that the shipping business will pass this year with many uncertainties, forcing shippers/cargo owners to sign long-standing contracts under high freight rates to secure their supply chain. But, container carriers will predictably enjoy another year with a profit record as they benefit from a higher (spot) freight…

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Strategic Synergy for Logistics Efficiency

Three state-owned companies – the state port operator PT Pelabuhan Indonesia (Persero)/Pelindo, the state railway company PT Kereta Api Indonesia (Persero)/ KAI, and the state postal company PT Pos Indonesia (Persero)/Pos Indonesia signed up an MoU (Memorandum of Understanding) on their commitment to jointly strengthening the logistics services in the country last month (February). In…

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