The Philippines is poised to become a major growth market for logistics services providers over the next year, according to a new report by…
Infra key to improving PH logistics performance – study
The Latest
BOC asked to dispense with hard copies of manifests
Foreign shipping lines are requesting the Bureau of Customs (BOC) to do away with hard copies of sea freight manifests and implement a total…
SIA Cargo trims full-year loss to S$22 million
Singapore Airlines (SIA) posted a group net profit of SGD368 million in the 2014-15 financial year ended March 2015, a modest 2.5% increase from…
Intra-Asia rush gives modest lift to Cathay, Dragonair cargo volumes
Sister carriers Cathay Pacific and Dragonair experienced a modest month of cargo volume growth in April, mainly coming from intra-Asia trade and the continued…
ICTSI hires Aussie firm for container booking system
International Container Terminal Services, Inc. has appointed Australian IT company 1-Stop to implement the container booking system (CBS) at the Manila International Container Terminal.…
BOC cracks down on rice imports with no permits
Customs Commissioner Alberto Lina has handed down strict orders to customs officials to process only rice importations covered by an import permit/notice of arrival…
New online trading hub widens Asian exposure to global trade
The Pan Asian e-Commerce Alliance (PAA), a group of value-added service providers in Asia, has launched a new electronic marketplace to help Asian sellers…
Batangas box traffic helps boost ATI Q1 income
Listed port operator Asian Terminals, Inc. (ATI) reported a net income of P649.6 million for the first three months of 2015, an 80.5% surge…
Lorenzo Shipping eyes 5% more volume in 2015
Listed domestic carrier Lorenzo Shipping Corp.’s (LSC) target volume for 2015 is 90,000 twenty-equivalent units, up 5.2% from the 85,521 TEUs handled in 2014,…
Cebu Pacific profit skyrockets with higher passenger volume
Budget carrier Cebu Pacific Air and its wholly owned subsidiary, Cebgo (formerly Tigerair Philippines), generated a net income of P2.2 billion in the first…
Cebu port agency to lease additional space to store seized cargo
The Cebu Port Authority (CPA) will rent additional space within the Cebu port zone to store seized and abandoned cargoes. In a text message…
Gold Star Line to launch China-Korea-Philippine service
Hong Kong-based carrier Gold Star Line (GSL) is starting a new China-Korea-Philippines service (CKP), offering faster transit time. The new service’s rotation is Qingdao-Pusan-Shanghai-Manila…
Malaysian economy expanded 5.6% in Q1
The Malaysian economy grew 5.6% in the first quarter of 2015 following a growth of 5.7% in the fourth quarter of 2014, with expansion…
Maersk Line, Hapag-Lloyd squeeze out profit from a tough Q1
Global carriers Maersk Line and Hapag-Lloyd report improved their bottom lines in the first quarter of the year, as volume and rate declines in…
APL prunes net loss even as rates, volumes sag
Singapore-based carrier APL saw its revenue in the first quarter of the year fall on lower freight rates and volumes but managed to cut…
BOC-Subic operations now 24/7
The Bureau of Customs (BOC)-Port of Subic is implementing a round-the-clock work schedule in response to appeal from shippers and freight forwarders for uninterrupted…
BOC cuts government import release to one day
Customs Commissioner Alberto Lina has ordered Bureau of Customs (BOC) staff to work on the release of importations by government institutions to within one…
ICTSI books 4% income hike in Q1
International Container Terminal Services, Inc. (ICTSI) reported a 4% increase in net income for the first quarter of 2015 mainly due to higher volume…
2 decisions on Harbor Center case
Two regional trial courts have issued separate rulings on the row involving father and son Reghis and Michael Romero, over the ownership of Harbor…
Off-dock yard expands truck fleet to speed up empties repositioning
RILBEST Container Yard, Inc., which operates an off-dock facility in Cavite, has increased its truck fleet to help foreign shipping lines reposition empty containers…
