The Indonesian government has ordered a study on how to speed up construction work on the overdue Cilamaya seaport project in Karawang, West Java,…
Indonesia conducts study on clearing Cilamaya port development hurdles
The Latest
Manila North Harbor truckers to hike rates by 15% to 103%
Effective April 1, the Integrated North Harbor Truckers’ Association (INHTA) will increase its rates from 15% to more than 100% due to effects of…
Air cargo losing 400,000 tonnes to ocean freight each year—report
The air cargo sector has lost almost 2 percentage points of annual growth since 2000 to ocean box carriers, with trade lanes from Asia…
Shippers turning to flexible contracts as rates fluctuate
Forwarders and shippers appear to be increasingly favoring flexible contracts to cushion the impact of the high unpredictability of freight rates, according to Drewry…
CMA CGM reinforces its Asia-Red Sea service
Marseilles-based box carrier CMA CGM is broadening its market presence in the Red Sea with the launch of a second Far East-Red Sea loop,…
PH skids to 57th in World Bank logistics performance index
The Philippines has declined further in the World Bank’s Logistics Performance Index (LPI) Report 2014, slipping to 57th place in the biennial report from…
PH ports adjust to ease impact of Manila truck ban
Philippine port operators said they have made adjustments to help ease trucking issues brought about by Manila’s truck ban ordinance. The Philippine Ports Authority…
Manila truck ban pushing ‘a lot’ of PEZA locators to eye Batangas port
“A lot” of Philippine Economic Zone Authority (PEZA) locators are now eyeing Batangas port as an alternative to Manila port due to the truck…
PH Customs collects P30B in Jan, still short of goal
The Philippine Bureau of Customs (BOC)’s revenue collection in January rose 21% year-on-year to P29.8 billion from P24.54 billion a year earlier, but…
BOC disallows amendment for entries with open alert orders
THE Philippine Bureau of Customs (BOC) will be studying how to implement changes to its electronic-to-mobile (e2m) system to prevent consignees from cancelling and…
Transport/storage most attractive as PH investment pledges plunge 43%
Foreign investment pledges dropped 42.7% to P132 billion fell sharply in the fourth quarter of last year from P230.2 billion in the same period…
More on Truck Ban
The truck ban controversy remains unresolved, but is quiet for now, with the granting of a reprieve. The controversy arose because of the…
P3 alliance OK’d by US Federal Maritime Commission
The proposed mega-alliance P3, comprised of the world’s top three container shipping lines, has been given the thumbs-up by the U.S. Federal Maritime Commission…
FedEx Q3 earnings eroded by bad winter weather
Earnings of FedEx Corp. for the third quarter ended February 28, 2013 were badly hurt by heavy winter storms, causing the global logistics group…
Malaysia port to improve cargo handling services
Malaysia’s Bintulu Port Holdings is looking to improve its services this year at Bintulu Port, particularly stevedoring operations for its cargo-handling business. The improvements…
TSA advances Asia-US rate hike scheduled for May to April
The Transpacific Stabilization Agreement (TSA) said it will bring forward a previously announced May 1, 2014 general rate increase (GRI) to April 15 “in…
FedEx boss calls for free trade to bolster air cargo
The head of a global logistics company called on the logistics industry, particularly air cargo stakeholders, to actively support initiatives toward more robust trade…
Reports: Strong earnings not coming despite freight rate rebound
The global shipping industry’s performance is expected to decline by 5 percent to 10 percent during the coming years due to oversupply and high…
Northport’s new box terminal to raise transshipment traffic
A newly opened fourth terminal at Northport in Port Klang, Malaysia, is expected to raise transshipment volumes beginning this year. Northport forecasts its transshipments…
Manila truck ban caused up to 48-hour delivery delays, from 2% to 100% drop in revenues – poll
Not everyone doing business at the ports of Manila oppose the city’s controversial daytime truck ban that both investors and government officials say is…
