Air cargo volumes at Hong Kong International Airport (HKIA) and Cathay Pacific Airways continued to register healthy growth in September. At HKIA, 430,000 tonnes…
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HMM to get $8.8B in gov’t, investor support
Creditors and the South Korean government plan to provide Hyundai Merchant Marine (HMM) up to KRW10 trillion (US$8.83 billion) to bolster the competitiveness of…
Force foreign carriers in PH to publish freight rates, business asks gov’t
The Philippine Chamber of Commerce and Industry (PCCI) is urging the Department of Trade and Industry (DTI) and Department of Transportation (DOTr) to issue…
BOC chief makes official exemption of certain cargoes from red lane
The Philippine Bureau of Customs has formalized the four types of shipments exempt from the red lane and would thus be tagged under yellow…
Manila ports to stay congestion-free through holiday rush, assures PPA
The Philippine Ports Authority (PPA) is assuring stakeholders that Manila ports will remain efficient and congestion-free even as Christmas cargoes start to come in.…
ICTSI acquires 16 hybrid RTGs for $22M
International Container Terminal Services, Inc. (ICTSI) has acquired 16 hybrid rubber-tired gantries (RTG) worth $22 million for deployment at its Manila International Container Terminal…
BOC to strictly enforce penalty for imports with generic description
The Bureau of Customs (BOC) again reiterated several orders for importers and customs brokers to describe imported goods properly, warning that shipments with imprecise…
NAIA exits top 20 worst airports list
Ninoy Aquino International Airport (NAIA) is no longer among the top 20 worst airports in the world as well as in Asia, according to…
PH seeks US help in establishing tax academy
The Department of Finance (DOF) is seeking a grant from the United States to establish the Philippines’ first tax academy envisioned to provide revenue…
Harbor Star buys into renewable energy firm
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI), through its wholly owned subsidiary Harbor Star Energy Corporation (HSEC), has bought the majority shares…
China Eastern daily flight from Clark to Shanghai starts
China Eastern Airlines touched down at Clark International Airport in Clark Freeport Zone in Pampanga on October 19 for its inaugural flight from Shanghai…
China’s external trade jumps 16.6% in first three quarters
In the first three quarters of this year, China’s foreign trade posted double-digit growth as imports and exports “remained sound and steady and witnessed…
BOC shifts gears: more shipments to pass yellow lane than red at POM, MICT
The Bureau of Customs (BOC) has once again adjusted the thresholds in its selectivity system–this time temporarily decreasing the number of daily container shipments tagged…
Dennis Uy’s company to buy firm developing Clark’s Global Gateway Logistics City
Clark Global City Corporation (CGCC) will acquire the company that has leasehold rights over a 177-hectare land in Clark Freeport Zone that includes Global…
Transport sector is ‘off track’ to sustainability, says report
The transport sector is not on track towards achieving sustainable mobility, according to the Global Mobility Report launched October 19. The report is the…
Presence of duty examiners no longer required at x-ray DEA
The Bureau of Customs (BOC) has discontinued the practice of requiring duty examiners to be present at the x-ray designated examination area (DEA), a…
Finance: TradeNet to process 7 kinds of goods initially
Seven types of commonly traded commodities, including rice and sugar, will be the first batch to be covered when the Philippine government initially implements…
PISFA president proves there’s ample room for women in cargo transport
The cargo transport and logistics industry is not an exclusively male field, but an area where women can excel as well, according to Philippine…
Customs chief quells worries BOC to turn into a ‘PDEA extension’
Customs Commissioner Isidro Lapeña has assured that the Bureau of Customs (BOC) will not become an extension of the Philippine Drug Enforcement Agency (PDEA),…
Harbor Star wins contract to clean mooring facility
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) has signed a deal to inspect and clean a petroleum company’s mooring facility every quarter,…