The Bureau of Customs (BOC) is allowing collection districts to set floor prices for items to be publicly auctioned in order to expedite disposition…
BOC collection districts granted autonomy to set floor prices for auctioned goods
The Latest
Cebu Pacific to open direct Cebu-Busuanga route in late Oct
Cebu Pacific will start direct flights from Cebu to Busuanga in Coron, Palawan in a bid to strengthen its network in the Visayan air…
Duterte requires advance clearance of foreign ships passing through PH waters
President Rodrigo Duterte has ordered all foreign vessels passing through the Philippines’ territorial waters to notify concerned government authorities and get advance clearance from…
Capacity, investment crunch in Asia’s airports needs to be addressed—ACI
Airports Council International (ACI) is calling for an increase in capacity and investment in airports in Asia-Pacific to enhance the socioeconomic benefits aviation provides…
Yang Ming reports loss in first half despite volume, revenue growth
Taiwan-based ocean shipping company Yang Ming Marine Transport Corporation reported net losses for the second quarter and first half of the year but added…
Ombudsman dismisses seven customs execs, staff for corruption
The Office of the Ombudsman has ordered the dismissal from service of seven Bureau of Customs (BOC) officials and employees for grave misconduct and…
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…
Maersk reports strong gains in Q2, reaffirms 2019 forecast
Danish shipping and logistics group A.P. Moller-Maersk said it made “solid progress” in the second quarter by delivering profit above expectations, and reaffirmed its…
BOC issues rules on lodgement of consumption goods declaration
The Bureau of Customs (BOC) has unveiled uniform guidelines for the lodging and processing of consumption goods declaration at all ports. Customs Memorandum Order…
Lorenzo Shipping widens net loss to P173M
Lorenzo Shipping Corporation (LSC) reported a wider net loss of P173.516 million in the first half of 2019 from the P40.639 million net loss…
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…
AyalaLand Logistics income up 394% in first semester
AyalaLand Logistics Holdings Corp. (ALLHC) recorded a net income of P346 million in the first semester of 2019, a nearly four-fold growth from its…
What’s In A Name?
A few weeks back we attended an event by the Department of Trade and Industry, unveiling consultations towards the establishment of a new e-commerce…
Stepping Up Your Service Delivery Capabilities
Imagine a logistics company where every aspect of the business can be accurately and cost-effectively managed every step of the way with impeccable delivery…
DOTr, BCDA turn over operations of Clark airport to LIPAD
CLARK, PAMPANGA – The operation and maintenance of Clark International Airport (CRK) was formally turned over to Luzon International Premiere Airport Development (LIPAD) Corp…
Cebu Pacific’s first dedicated freighter starts service on Sept 4
Cebu Pacific aims to significantly enhance its position in the air cargo industry as it formally launched its first dedicated cargo aircraft—an ATR 72-500—which…
CAB lowers airline fuel surcharge rate for Sep-Oct
The drop in jet fuel prices has prompted the Civil Aeronautics Board (CAB) to reduce the passenger fuel surcharge airlines operating in the Philippines…
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…
Subic-Clark cargo railway to start construction before mid-2020
The Department of Transportation (DOTr) hopes to begin the construction of the Subic-Clark Railway within the first half of 2020. “We want to start…
