The Asian Development Bank (ADB) forecasts a slightly higher economic growth for Thailand this year and next, noting that the Asian regional market remains…
Slightly higher growth for Thailand seen this year
The Latest
Some PH metro roads to undergo rerouting due to ASEAN Summit
Traffic re-routing will be implemented in some areas in Manila, Pasay, and Makati during the Philippines’ hosting of the 30th Association of Southeast Asian…
ICTSI, DOTr launch container barge terminal
International Container Terminal Services, Inc. (ICTSI), in partnership with the Philippine Department of Transportation (DOTr), recently launched the development of the country’s first container…
Trump signs order to ‘Buy American’, ‘Hire American’
U.S. President Donald Trump signed April 18, 2017 an executive order promoting American industry and protecting it from unfair competition. The executive order will…
Vietnam customs finalizing NSW rules for aviation
The General Department of Customs of Vietnam said it is now preparing the final draft guidelines governing the electronic processing of data on the…
Hub airports leverage robust trans-Pacific traffic
Global aviation markets were “dynamic” in a turbulent 2016, with passenger traffic making huge strides, particularly on the trans-Pacific route, and cargo throughput making…
PH massive infrastructure program detailed
The Philippine government detailed its massive infrastructure program dubbed “Build, Build, Build” at The Dutertenomics Forum on April 18. Budget Secretary Benjamin Diokno said…
PH local airlines post 1.9% drop in 2016 cargo volume
Cargo volume handled by Philippine domestic carriers in 2016 declined 1.9% to 267.657 million kilograms from 272.707 million kg in 2015, data from the…
IMF predicts 6.4% growth for Emerging Asia
Growth in Emerging and Developing Asia is expected to hold steady at 6.4% in 2017 and 2018, unchanged from the 6.4% growth recorded in…
SG Customs issues memo on complying strictly with import rules
Singapore Customs is reminding traders and importers of goods into Singapore to comply with the Customs Act, the Goods and Services Tax (GST) Act,…
Lunar New Year timing thrusts air freight volumes upward
Global air freight volumes surged 7.8% in February as compared to the previous year, the accelerated growth affected by the timing of the Chinese…
Portal on PH mega infra developments launched
The Philippine government has created an online portal to enable the public to monitor and track details and developments in the country’s big-ticket infrastructure…
Draft PH customs rule guides handling of stores aboard foreign air, sea craft
The Philippine Department of Finance (DOF) and Bureau of Customs (BOC) have released the draft administrative order that will implement the provisions of the…
Consolidation
In logistics, consolidation is the process in which smaller packages with a common destination are combined and shipped together to avail of better rates.…
Manila truck ban a ‘policy failure with unintended consequences’- PIDS
State think tank Philippine Institute for Development Studies (PIDS) sees the Manila daytime truck ban as a policy failure, citing it as one of…
Higher revenues all around expand 2GO’s 2016 profit by 24%
Philippine integrated transport services provider 2GO Group, Inc. reported a 24% increase in net income to P1.34 billion in 2016 from P1.08 billion in…
Subic-Clark railway project study on
The feasibility study on the planned freight train project linking Subic in Zambales and Clark in Pampanga is now underway and expected to conclude…
LBC eyes options after SEC rejection of follow-on offering
Logistics and remittance company LBC Express Holdings, Inc. said it will address concerns of the Securities and Exchange Commission (SEC) and the Philippine Stock…
Why Your Business Needs ERP
All companies in the freight and logistics business use technology to some extent. Those that use technology beyond the basics are, however, few in…
Harbor Star 2016 profit jumps 49% on strong earnings from most services
Marine services provider Harbor Star Shipping Services, Inc. (HSSI) reported a 49% surge in net income for 2016 as a result of stronger operating…
