The expected surge in consumer market growth over the next two decades offers an incredible opportunity for logistics companies; but it also requires them…
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The Latest
PH food cargo haulers exempt from LGU pass-through fees
Cargo trucks and other vehicles carrying agricultural products in the Philippines no longer have to pay pass-through fees levied by local government units (LGUs).…
P1.3B car storage facility at Batangas port breaks ground
Batangas Port is investing P1.3 billion to build a multilevel car storage facility (MCSF) that will cater to the booming consumer demand for imported…
IMO approves plan to make Tubbataha Reefs off-limits to ships
The Philippines’ proposal to have the Tubbataha Reefs Natural Park (TRNP) in the Sulu Sea established as an “area to be avoided”(ATBA) by shipping…
ICTSI bags Grand Anvil for TABS
The way International Container Terminal Services, Inc. (ICTSI) successfully engaged various stakeholders in implementing its truck appointment system project has won top recognition from…
Depot raid by BOC yields used clothing, counterfeit goods
Agents of the Philippine Bureau of Customs (BOC) recently raided a central supply depot of used clothing or ‘ukay-ukay’ and counterfeit imported goods along…
Clark airport gets first tranche of fund for passenger terminal
The Philippine Department of Transportation (DOTr) has released to the Clark International Airport Corporation (CIAC) the first tranche of a nearly P2.9-billion fund, setting…
Cebu Pacific increases inter-island connections
Cebu Pacific (CEB) is expanding its inter-regional flight network with the addition of two new routes that will connect the Visayas to Northern Mindanao.…
ICTSI, PSA inaugurate JV terminal in Colombia
Port operators International Container Terminal Services, Inc. (ICTSI) and PSA International (PSA) have formally opened the US$550-million Puerto Aguadulce, their joint venture terminal in…
No more P550 terminal fee for OFWs starting April 30
Overseas Filipino workers (OFWs) are among those who will no longer have to pay the terminal fee starting April 30. The good news comes…
Hapag-Lloyd, UASC merger delayed, no impact on THE Alliance
German box carrier Hapag-Lloyd announced that its merger with United Arab Shipping Company (UASC) will be postponed by two months, but assured that the…
THE Alliance announces starting dates for Europe-Asia trade services
The shipping consortium THE Alliance has disclosed the starting dates of its new Europe-Asia shipping service, which will be launched next month. Under the…
Airport cargo growth surges 9.5% on strong exports, positive business sentiments
Improved business confidence and increased exports continued to propel air cargo growth through January, as shippers appeared unshaken by persistent economic uncertainties, according to…
China-Europe maritime contract rates up 64%
As the shipping environment appears to grow more conducive, negotiated contract rates for the China-North Europe corridor for mid-June 2017 have gone up by…
Hapag-Lloyd revamps Asia-Latin America service
German container liner Hapag-Lloyd announced some changes to its services between Asia and the West Coast of Latin America effective March 25, 2017 following…
WCO study tracks e-commerce practices and challenges
The World Customs Organization (WCO) has released a report on e-commerce that compiles its member-customs administrations’ practices as well as their ongoing or future…
BOC clarifies surcharge issue in undervaluation, misdeclaration cases
The Philippine Bureau of Customs (BOC) has explained issues surrounding how surcharge should be applied in cases of undervaluation, misclassification, and misdeclaration as stipulated…
BOC suspends Mighty Corp accreditation, sues judge who issued TRO in Mighty case
The Philippine Bureau of Customs (BOC) has ordered the suspension of accreditation of local tobacco manufacturer Mighty Corporation after a series of raids which…
Limited run for light trucks on EDSA, Shaw in place from Mar 15-18
Three vehicular volume reduction measures, including limited operation of light trucks during rush hour, proposed by the Metropolitan Manila Development Agency (MMDA) have been…
ICTSI net income up 207% in 2016
International Container Terminal Services, Inc. (ICTSI) reported a 207% increase in 2016 net income attributable to equity holders to $180 million from $58.5 million…
