Chelsea bags original proponent status for Davao port proposal

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) has been granted the original proponent status (OPS) for its unsolicited proposal to modernize Davao Sasa Port. CLIHC…

It’s official: DSV acquires Panalpina

Global transport and logistics company DSV A/S said it completed the acquisition of Panalpina Welttransport (Holding) AG on August 19. Swiss-based logistics firm Panalpina…

Harbor Star reports modest increase in first-semester income

Harbor Star Shipping Services, Inc. (HSSSI) reported a service income of P678.3 million for the first half of 2019, a 4% increase from the…

LBC Express net income in H1 down 54%

LBC Express Holdings, Corp. reported a net income of P548.95 million in the first half of 2019, a 54% drop from the P1.196 billion…

Chelsea Logistics H1 income shrinks 14.7%

Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) posted a 14.7% decline in net income for the first half of 2019 to P361 million from…

Industry groups vs PPA accreditation rule for port service providers

A recent Philippine Ports Authority (PPA) order that requires all port service providers to secure accreditation is meeting resistance from customs brokers, domestic shipping…

2GO sustains P188M loss in H1 amid shipping, fuel woes

2GO Group, Inc. incurred a net loss of P188 million in the first half of 2019, down from a net income of P197 million…

DP DHL logs revenue and EBIT growth, raises lower end of full-year forecast

Deutsche Post DHL Group (DP DHL) reported an increase in revenue of 3.0% year-on-year in the second quarter, as all five divisions contributed to…

Contract logistics sustains strong market growth in 2018—Ti report

The global contract logistics market grew 4.9% in real terms in 2018, one of the fastest growth rates seen in recent years, new research…

PH cold chain industry projected to expand by up to 10% in near term

The Philippine cold chain industry is expected to continue growing by 8% to 10% in the next five years due to population increase and…

PPA suspends TABS bookings from Aug 9-10 to clear backlog

The Philippine Ports Authority (PPA) has suspended truck bookings into Manila South Harbor through the Terminal Appointment Booking System (TABS) from today (Aug 9)…

Truck drivers to undergo discipline training

Truckers will conduct training for their drivers in response to Manila Mayor Francisco “Isko Moreno” Domagoso’s request to instill discipline among drivers, who he…

PPA requires accreditation for all port service providers

Starting August 7, all port service providers, including customs brokers, shipping lines and agent, freight forwarders and truckers, will have to secure accreditation from…

Cross-border e-commerce conference highlights regulations, best trade practices

E-commerce initiatives in the Asia Pacific and Philippine customs regulations in support of the e-commerce trade were front and center at the PortCalls- and…

UPS posts better-than-expected 2Q earnings

Atlanta-based United Parcel Service (UPS) announced better-than-expected second-quarter 2019 earnings, with growth in all segments. UPS, the world’s biggest package delivery company, reported US$1.96…

Hyundai opens first SEA logistics office in Vietnam

Hyundai Glovis, a logistics company headquartered in Seoul, South Korea and part of the Hyundai Automotive Group, has opened its first Southeast Asian office…

BOC to train sights on errant customs brokers

Customs commissioner Rey Leonardo Guerrero said the Bureau of Customs (BOC) will go after customs brokers in violation of customs regulations. In a statement…

DoubleDragon’s Capiz hub fully completed, leased out

DoubleDragon Properties Corp. has completed the development of its fifth industrial warehouse complex located in Capiz province. CentralHub-Capiz, a 4.2-hectare industrial warehouse complex, is…

PPA scraps weighing fee for containers, Ro-Ro cargoes

Starting January 1, 2020, terminal operators may no longer collect weighing fee on domestic outbound laden containers and roll-on/roll-off (Ro-Ro) cargoes, according to the…