Ocean volumes rose slightly in August but this failed to lift shippers and forwarders’ outlook for an overall demand slowdown over the rest of…
Stifel: sea cargo growth fails to buoy sliding expectations
The Latest
PAL, 3 others seek Russia flight entitlements
Four Philippine carriers are seeking flight allocations to Russia following the forging of a successful air agreement between the two countries. In separate petitions…
Draft RCEP pact seen ready by October
Economic leaders from the 16 countries that are participating in the Regional Comprehensive Economic Partnership (RCEP) negotiations are banking on coming up with the…
APL Logistics starts operating its biggest Southeast Asian CFS
Supply chain service provider APL Logistics has opened in Vietnam another container freight station (CFS), currently its largest single-roof facility in Southeast Asia, attracted…
BOC eyes xrays in forwarders’ premises for balikbayan box inspection
Customs commissioner Alberto Lina said the Bureau of Customs (BOC) will follow President Aquino’s instructions to subject balikbayan (personal effects) boxes to mandatory x-ray and K-9…
Aquino orders BOC to leave balikbayan boxes alone amid public uproar
Heeding general outrage over the random physical inspection of balikbayan boxes, President Benigno Aquino III has ordered the Bureau of Customs (BOC) to stop…
BOC eyes earlier submission of manifest, import entry
The Bureau of Customs (BOC) will soon issue new rules on the submission of sea manifest and import entry, bringing the deadline for submissions…
G7 Heavylift increases equipment investments to meet demand growth forecasts
G7 Heavylift and Logistics Services Corp. is beefing up its equipment in anticipation of increased operations in the next five to 10 years. In…
ASEAN ministers promise ‘no backsliding’ in trade facilitation drive
The economic ministers of the Association of Southeast Asian Nations (ASEAN) assured that their countries will not go back on their commitment to complete…
PH Customs gets new MISTG deputy commissioner
President Benigno Aquino III has appointed Dr. Vladimir Dennis Reyes as acting deputy commissioner of the Bureau of Customs’ (BOC) Management Information System and Technology…
South Harbor gets more cargo-handling equipment
Listed port operator Asian Terminals Inc. (ATI) has commissioned more cargo handling equipment at the Manila South Harbor. Joining its growing cargo-handling fleet are…
BOC, DA consider inspection of perishables at DA-accredited warehouses
The Bureau of Customs (BOC) and Department of Agriculture (DA) are eyeing ways to better monitor perishable imports, according to BOC deputy commissioner for…
Legazpi airport unveils newly renovated P40B passenger terminal
Airline passengers can now expect a more comfortable experience at the Legazpi International Airport with the recent completion of the P40-million refurbishment and expansion…
Indonesia’s Widodo orders trimming of port dwell time
Indonesia plans to reduce the dwelling time of shipments—or the time it takes for cargo to be loaded and unloaded—at its seaports to at…
Port Klang box tariff hike effective by October
Malaysia’s Port Klang Authority has moved by one month the increase in the port’s container tariff from the original September to October this year.…
P170B North-South Railway catches eye of 29 developers
Twenty-nine bidders consisting of giants in the local and foreign infrastructure development scene have shown keen interest in the Aquino government’s biggest public-private partnership…
Rate erosion in Asia-Europe trades quickens
Ocean freight rates continued their decline last week, falling US$$171 to $469 per twenty-foot equivalent unit (TEU) on the Asia-Northwest Europe trade lane, according…
Vietnam government moves to tame liner ‘overcharging’
The government of Vietnam is planning to come up with rules to lower shipping charges and make shipping lines’ fees more transparent amid accusations…
Carrier on-time performance slides in July
Mitsui O.S.K. Lines (MOL) dislodged usual leader Maersk Line as the most reliable carrier for July, as overall box ship reliability fell slightly from…
Cathay, Dragonair look to intra-Asia trade for cargo boost
Combined cargo revenue for Cathay Pacific and Dragonair in the first half of the year fell to HK$11.37 billion (US$1.46 billion), a decrease of…
