E-commerce seen as a risky boom for airfreight forwarders

E-commerce is driving the growth of airfreight, even as e-commerce cargo is seen as riskier than other kinds of cargo, according to a blog…

PH sees drop in trading across borders indicator in WB doing business report

The Philippines slipped 11 places to 124th out of 190 economies in the latest World Bank (WB) Ease of Doing Business report. Trading across…

Report: clustering a powerful solution to productivity, logistics cost challenges

Developing regional economic clusters leveraged on a province’s competitive advantage could create more trade and eventually lead to lower logistics and utilities costs in…

UPS income, revenue up in 3Q

Atlanta-based logistics giant United Parcel Service (UPS) has announced third-quarter diluted earnings per share (EPS) of US$1.73, up more than 20%, and adjusted diluted…

Stakeholders suggest ways to ease high utilization at Manila terminals

Logistics stakeholders are proposing measures such as transferring empty containers to Batangas and Subic for repositioning and pulling out cargoes on weekends to ease…

CentralHub acquires site in Cebu for third warehouse

CentralHub Industrial Centers, Inc. (CICI), the industrial warehouse space leasing subsidiary of DoubleDragon Properties Corp., has acquired the third site for its industrial warehouse…

Ayala Corp enters logistics business with Entrego

Ayala Corporation (AC) has officially entered the logistics business with the launch of Entrego Fulfillment Solutions, Inc., its technology-driven end-to-end fulfillment solutions company. Formally…

BOC rolls out implementing rules for consolidated balikbayan box shipments

Just in time for the holidays, the Bureau of Customs (BOC) has issued rules for the simplified customs clearance procedures covering consolidated shipment of…

New rules out on 1-Assessment nationwide implementation

The Bureau of Customs (BOC) has released guidelines for the nationwide implementation of 1-Assessment, a web-based queue management application that provides bias-free assessment by…

LBC buys into Brunei subsidiaries

Philippine-based LBC Express Holdings, Inc. (LBCEHI) has acquired stakes in two of its subsidiaries in Brunei for US$783,769 as it continues to buy into…

CTAP rules on diversion of empties to common yard

THE Confederation of Truckers Association of the Philippines (CTAP) has issued supplemental rules on return of empty containers, specifically when empties should be diverted…

PCC begins review of Udenna takeover of Trans-Asia after notification filed

The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s…

Drewry: shippers uneasy about lack of fuel cost transparency ahead of IMO 2020

Results of a survey conducted by Drewry showed there is considerable unease among global shippers, beneficial cargo owners (BCO), and freight forwarders ahead of…

Nov 16 seminar to guide businesses on trade planning, customs compliance

Singapore and the Philippines’ leading trade and customs experts will conduct a seminar on “Managing Your International Trade in the Philippines and Beyond in…

IRR of PH strategic goods law requires registration of LSPs

The Philippine government has finally released the implementing rules and regulations (IRR) of the Strategic Trade Management Act (STMA), which requires among others the…

Order aims to secure BOC’s e2m system from security threats

The Philippine Bureau of Customs (BOC) has finally released its user policy on the access of its electronic-to-mobile (e2m) system, defining the bureau’s expectations…

Logistics part of NEDA’s PH national transport policy

The National Economic and Development Authority (NEDA) has released the draft implementing rules and regulations (IRR) of the Philippine National Transport Policy (NTP), which…

CTAP outlines rules for empty container returns

The Confederation of Truckers Association of the Philippines (CTAP) has released guidelines for members to follow to cope with the increasing difficulty of returning…