Growth rates for the shipping, air, and rail industries in Indonesia are forecast to present a mixed demand picture during 2015, according to a…
Indonesia to see mixed freight demand as economy slows slightly
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Asian carriers log month-high growth as cross-border trade rises
Asia-Pacific cargo airlines performed well in November 2014, posting robust growth as international airfreight demand accelerated, according to data from both the Association of…
Malaysian exports inch up 2.1% in November
Malaysia registered increases in export and import activities in November 2014 compared to the same month of the previous year, but booked declines on…
Maersk Line opens Subic weekly service as congestion continues to plague Manila
Maersk Line, the container shipping arm of oil and shipping giant A.P. Moller–Maersk Group, has started calling at Subic port to provide an alternative…
Return of PH port congestion feared due to Papal event
The five-day holiday to make way for the Papal visit can easily bring up congestion levels at the Port of Manila if container pullouts…
Aviation fuel surcharge in PH jettisoned
The Civil Aeronautics Board (CAB) has lifted the authority of airlines to impose a fuel surcharge on domestic and international cargoes, noting it is…
Return of trucks on Roxas Blvd pushed to avert port congestion
Philippine truckers are again asking the government to open the use of Roxas Boulevard from 12 midnight to 5 a.m. after the visit of…
Subic box throughput jumps 106% to surpass 2014 target
Container volume handled at Subic port surged 104.6% to 76,652 twenty-foot equivalent units (TEUs) from January to December 2014 from 37,469 TEUs for the…
Truck rates to stay unchanged despite lower oil prices, says CTAP
Truck rates for international cargoes will not decline despite plunging global oil prices, according to Philippine truckers. Confederation of Truckers Association of the Philippines…
BOC introduces new formula to simplify automobile tax collection
The Bureau of Customs (BOC) has released a new order that simplifies and unifies the computation of duties, taxes, and other charges for brand-new…
BIR requires importers, brokers to use eFPS to pay their taxes
Starting January 1, importers and customs brokers accredited by the Bureau of Internal Revenue (BIR) are required to use the agency’s Electronic Filing and…
DOTC preps list of infrastructure initiatives as Aquino admin winds down
The Philippine government is drawing up a list of “game-changing” infrastructure projects over the next 18 months aimed at reducing the country’s transportation woes,…
ICTSI sets aside $73M as extra fund for expansion programs in 2015
International Container Terminal Services, Inc. (ICTSI) will be appropriating US$73 million of its retained earnings for use as additional working capital in its domestic…
Nearly 50% of transport firms provide logistics support services — PH census
A total of 2,327 establishments were engaged in transport and storage in 2012, according to the recently released “Census of Philippine Business and Industry”…
DTI agency cracks down on shady freight forwarders, consolidators
The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) has filed formal complaints against a number of sea freight forwarders for operating without…
Asian terminals to benefit most from strong world box traffic in 2015
Asia-based container port operators are expected to strike pay dirt in 2015 as global box traffic growth and trans-Pacific demand are seen to strengthen,…
2015 could produce higher profit for more box shipping lines
Despite record vessel deliveries, the container shipping industry is expected to improve its bottom line this year on account of lower unit costs, according…
Malaysia’s economy seen to cool to 4.7% in 2015
The Malaysian economy’s expansion is predicted to slip to 4.7 percent in 2015, lower than its 5.8% growth in 2014 and below government estimates…
OOCL’s latest 8,888-TEU ship to sail on transpac loop
Hong Kong-listed Orient Overseas Container Line (OOCL) christened its newest 8,888-TEU newbuilding at a naming ceremony held on Changxing Island in Shanghai yesterday. Named…
PH cargo, box traffic up in first three quarters of 2014
Cargo volume handled by Philippine ports grew 6.92% from January to September 2014 to 161.924 million metric tons from 151.44 mmt in the same…
