Customs chief wants stringent review of certificates of origin

Customs commissioner Rey Leonardo Guerrero has instructed concerned customs officials and personnel to strictly review all certificates of origin (COs) to ensure shipments availing…

Ti report identifies top 5 threats to supply chains

External threats to supply chains have received considerable attention following well-publicized natural disasters, terrorist action, piracy and cyber attacks. A new report by Transport…

AI steadily transforming logistics—DSV report

The days of artificial intelligence (AI) being a reserve of science fiction are long gone. AI is steadily making its way into many aspects…

Harbor Star reverses course, posts P140M loss in first nine months

Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a loss of P139.752 million in the first nine months of 2019 from a…

LBC Express Jan-Sept income drops 60% despite revenue hike

LBC Express Holdings, Inc. (LBC) reported service revenues of P11.57 billion for the first nine months of 2019, a 27% increase from P9.11 billion…

Chelsea income deflates 54% in first 9 months

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) reported a 54% decline in net income for the first nine months of 2019 to P20 million…

Income from AyalaLand’s logistics business expands 164%

AyalaLand Logistics Holdings Corporation (ALLHC), a subsidiary of Ayala Land, Inc., posted a net income of P500 million in the first nine months of…

Earnings on the rise for DP DHL despite ‘uncertain times’

Global logistics leader Deutsche Post DHL (DP DHL) group saw continued profit growth in the third quarter of 2019 as all of its five…

Fall in shipping revenue drives 2GO loss in first 3 quarters

2GO Group, Inc. incurred a net loss of P758 million in the first nine months of 2019, higher than the P707 million loss for…

CJ Logistics inaugurates new parcel distribution center in Thailand

South Korean-based CJ Logistics has launched a new parcel distribution center in Thailand with plans to invest a total of US$43 million in the…

Supply Chain Perspective to be held in Davao City

The Supply Chain Management Association of the Philippines, the country’s premiere supply chain organization, will hold a day-long conference, Supply Chain Perspective, in Davao…

DSV Panalpina’s CFO turns 50

Jens Lund joined DSV as Group CFO in 2002 – at the age of 32. In 2000, he was working for Carnegie Investment Bank…

FedEx to expand Clark operations but keep Aspac hub in China

Global logistics operator Federal Express Corp. (FedEx) said it will expand its operations to Clark in Pampanga but clarified it has no plans of…

MacroAsia, Konoike Transport strike acquisition, partnership deal

Philippine aviation support service provider MacroAsia Corporation and Japan-based Konoike Transport Co. Ltd have agreed to buy stakes in each other’s groundhandling service companies.…

Study cautions against ban, regulation of foreign shipping line surcharges

Instead of an outright ban or regulation of surcharges imposed by international shipping lines, the Philippine government should draft rules to monitor such surcharges,…

LBC buys Japanese balikbayan box shipping company

Logistics and remittance service provider LBC Express Holdings, Inc. has acquired 100% of shares in Japanese balikbayan box shipping operator Mermaid Co., Ltd. for…

Proposed legislation aim to modernize old harbor pilotage rules

Bills have been filed in the 18th Congress seeking to liberalize harbor pilotage and create a regulating body to supervise harbor pilots in the…

Air freight forwarding volumes fell 4.2% in H1—Ti report

The global air freight forwarding market contracted 4.2% year-on-year in the first half of 2019, with the market reeling from the economic slowdown and…

BOC launches parcel, balikbayan box online monitoring system

In time for the expected rush in holiday shipments of overseas Filipino workers (OFWs), the Bureau of Customs (BOC) officially rolled out on October…

MARINA partners with classification society for ship certification services

The Maritime Industry Authority (MARINA) has delegated the task of statutory certification of Philippine shipping companies and Philippine-registered ships, as well as related mandatory…