Overall air cargo volume growth continued to hit the double-digit range in July, and yields also saw significant expansion during the period, according to…
Air cargo keeps up strong growth, posts higher yields
The Latest
Transporting strategic goods in PH to require DTI registration, license
Traders, transport companies, and logistics service providers moving strategic goods in the Philippines will soon need to be registered and licensed with the Department…
PH lawmaker bats for pre-shipment checks on container cargo
Expanding the pre-shipment inspection (PSI) to containerized cargoes will not only save the government billions of pesos in personnel recruitment costs but also solve…
Chelsea Logistics earnings up 93% in 1H 2017
Chelsea Logistics Holdings Corp. (CLC) reported a 93% surge in earnings in the first semester of 2017 to P399.8 million from P207 million recorded…
LBC seeks to boost net income to P985M in 2017
LBC Express Holdings Inc. (LBCEHI) aims to raise its 2017 net core income to P985 million from last year’s P920 million. During the company’s…
AirAsia eyes expanding PH network to more Asian destinations
Malaysia-based AirAsia is looking at expanding its services in the Philippines by connecting its current Davao-Singapore flights to key cities in China, South Korea,…
Hapag-Lloyd delivers higher earnings in the first half
German box carrier Hapag-Lloyd reported a significantly better operating result in the first half of 2017, supported by freight rate recovery as well as…
UPS strengthens PH operations, designates new MD
Global supply chain solutions provider United Parcel Service (UPS) is bullish about Philippine prospects and has named a new country managing director to lead…
Marina advisory guides PH shipowners on VAT exemption rules
The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the…
P129M investment in Polloc Freeport to accelerate Mindanao progress
Mindanao’s economic development will get a boost from the recent registration by port services operator Bangsamoro Terminal Services, Inc. (BTSI) with the Regional Board…
Bangladesh, Cambodia, China sign UN treaty on Asia-Pac digital trade
China, Bangladesh, and Cambodia have signed the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a new United Nations…
Solid demand growth reduces spot rate volatility
Freight rates are coming back from the abyss and becoming less erratic, as the fundamental balance improves amid rising demand and enhanced capacity control,…
Addressing corruption among key priorities of new customs chief
Stopping corruption and raising revenue collection will be the top priorities of new Customs commissioner Isidro Lapeña. “My top priority, and it should be…
DHL plans $84M investment in 4 ASEAN economies
DHL Supply Chain will pour more than EUR70 million (US$84 million) in growing its regional footprint in Thailand, Vietnam, Cambodia, and Myanmar by 2020.…
Asian airlines log double-digit growth in cargo traffic
International air cargo demand forged ahead in July, registering another month of solid growth for Asian air carriers, while international air passenger markets showed moderate expansion…
BOC order specifies rules for AEO setup in PH
The Bureau of Customs (BOC) has issued the rules and regulations for the establishment of an Authorized Economic Operator (AEO) program in the Philippines.…
Lapeña officially designated customs commissioner
Isidro Lapeña formally took his oath of office on August 29 as commissioner of the controversy-plagued Philippine Bureau of Customs (BOC). Lapeña’s appointment paper…
PH carriers against TABS at North Harbor
The Philippine Liner Shipping Association (PLSA) is opposing plans to implement a Terminal Appointment Booking System (TABS) at the Manila North Harbor (NH), saying…
Malaysian state gives nod to Westports to add 10 more terminals
Port operator Westports Malaysia Sdn Bhd has received the go-signal from the government of Malaysia to proceed with the planned expansion of its box…
FTAs giving intra-APEC trade a big boost
Trade among Asia-Pacific Economic Cooperation (APEC) member countries has increased by more than 170% over a 16-year period, spurred by regional trade agreements (RTAs)…
