The Internet of Things (IoT) is a game changer that will enable countries to improve the connectedness, efficiency, and transparency of their supply chain…
Internet of Things to infuse $1.9T boost to logistics sector—report
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More ULCV deliveries to impede filling up of East-West ships this year—Drewry
The year 2015 is shaping up to be another year of oversupply for the container shipping industry, as the slew of arrivals of big…
New Singapore-Vietnam pact promotes cruise tourism, investment facilitation
Vietnam and Singapore have agreed to further strengthen bilateral economic relations, particularly in cruise tourism and investment facilitation. The Southeast Asian countries, both members…
Sabah looking to make Sepanggar port a transshipment hub
The Sabah state of Malaysia is proposing to convert the Sepanggar Bay Container Port into the Transshipment Hub of the East by 2030 to…
PH truck rates cut by 10%
The Confederation of Truckers Association of the Philippines (CTAP) has cut its guide rates by 10% effective April 15. The last time CTAP issued…
BOC chief shoots down resignation buzz, admits being asked for ‘favors’
Customs Commissioner John Phillip Sevilla clarified he has not filed his resignation and is still head of the Bureau of Customs (BOC) as another…
ICTSI’s interest in Davao-Sasa port upgrade cools
Global port operator International Container Terminal Services, Inc. (ICTSI) is no longer keen on bidding for the Davao-Sasa port. ICTSI chairman Enrique Razon Jr,…
Indonesia to trim permits needed to build seaports
The government of Indonesia is looking to hasten the construction of seaports in the country by streamlining the process of securing permits, a move…
Singapore’s economy sluggish in first quarter
Singapore’s economy grew by an estimated 2.1% in the first quarter of 2015 year-on-year, the same rate of growth achieved in the previous quarter.…
Far East-Europe freight rates in free fall
It’s a shipper’s market in the Asia-North Europe trade as freight rates on the key lane continue to sink. Carriers are in danger of…
Subic One-Stop Shop to hold dry run
Subic Bay International Container Terminal, Inc. (SBITC) will soon be opening its One-Stop Shop (OSS) facility in Subic port, preceded by a dry run…
After airfreight, update of seafreight manifest up next for BOC
The Bureau of Customs (BOC) will review its policies on the submission of seafreight manifest once the new memorandum on the mandatory electronic submission…
BOC releases shipment list needing import assessment clearance
The Bureau of Customs (BOC) has released a consolidated list of all shipments requiring clearance from its Import Assessment Service (IAS) unit. Customs Commissioner…
DOTC to finalize age limit for franchised trucks this month
The Land Transportation Franchising and Regulatory Board (LTFRB) will meet with the Department of Transportation and Communications (DOTC) this month to discuss the age…
PH customs brokers name new directors
The Chamber of Customs Brokers, Inc. (CCBI) has elected its new set of directors for 2015-2017. Following CCBI’s election held April 10, the new…
AirAsia Philippines set for IPO
Malaysian low-cost carrier AirAsia Berhad plans to put shares of its Philippine and Indonesian operations on initial public offering (IPO), according to the group’s…
Almendras keynote speaker at 2nd Subic Bay Maritime Conference
Cabinet Secretary Jose Rene Almendras leads a group of government officials and industry movers who will give talks about the rise of Subic Bay…
USWC cargo shipments rebound as FMC OKs Pacific ports’ discussion group
Both the ports of Long Beach and Los Angeles on the U.S. West Coast (USWC) reported a surge in cargo volumes in March, even…
Low European demand offset by busy US trade lane in March
Hong Kong’s Cathay Pacific Airways said combined cargo volumes for Cathay Pacific and Dragonair rose slightly in March as the busy trans-Pacific lane made…
Developing East Asia’s growth seen to cool a little in 2015
East Asia and the Pacific will see a slight easing in economic growth this year, even as the region benefits from lower oil prices…
