THE Philippine Bureau of Customs’ P418-million computerization project is on hold after a Manila court issued a temporary restraining order (TRO) blocking the award…
The Latest
OOCL revenue, freight slide in second quarter
Orient Overseas Container Line (OOCL) saw its revenue fall in the second quarter of 2013 as cargo volumes slid during the period. The Hong…
Cathay Pacific to launch first LatAm freighter service
Hong Kong’s Cathay Pacific Airways will launch its first destination in Latin America with a new scheduled freighter service to Guadalajara, Mexico, in the last quarter…
Ban on building of new terminals at Vietnam’s southern ports
Vietnam has imposed a ban until 2015 on the construction of new container terminals in the southern part of the country to ease the…
East-West airfreight rates skid to record lows, says Drewry
Air cargo rates hit new lows in June as flat demand and rising capacity put pressure on already weak load factors, according to the…
OOCL names latest 13,208-TEU box ship
Hong Kong’s Orient Overseas Container Line (OOCL) has received its newest 13,208-TEU container ship and named it NYK Hermes at a christening ceremony held…
Foreign lines help ferret out erring PH forwarders
FOREIGN shipping lines servicing the Philippines are teaming up with the government to weed out freight forwarders who fail to deliver balikbayan (personal effects)…
PH extends uniform truck ban
The Metropolitan Manila Development Authority (MMDA) has extended the modified uniform truck ban ban for another six months from July 6 until January 5,…
PH Customs activates green lane for exports
PHILIPPINE exporters can now use the green lane to expedite their export transactions under the selectivity system of the Bureau of Customs (BOC). The…
Market-bound Harbor Star delays planned IPO
TUGBOAT operator Harbor Star Shipping Services Inc. has put off its planned initial public offering (IPO) this month due to volatility in the financial…
Annual Conference
Two months left! SCMAP returns to EDSA Shangri-La with this year’s Annual Supply Chain Conference. This is after a year’s absence when it held…
Emerging markets: ‘explosive’ growth area for supply chain firms
Emerging markets are expected to be the primary business growth area for the next century, and supply chain companies that are prepared to meet…
Report: Developing Asia’s 2013 growth outlook trimmed
The outlook for developing Asia has dimmed slightly on the back of continued tepid demand from major industrial economies and slower growth in China,…
Cathay Pacific airlines’ cargo shrinks, terminal expands tasks
Airfreight traffic figures for Hong Kong’s Cathay Pacific and Dragonair reflected another decline in June, said parent company Cathay Pacific Airways. The two airlines…
3 carriers cooperate on new SE Asia-Australia express
Three container shipping lines will offer a new weekly joint service covering Asia, Australia, and New Zealand. APL, ANL, and Hanjin Shipping will launch…
New rate hikes for East Asia trades loom in August
Hapag-Lloyd announced a new round of increases for its East Asia services to take effect in the middle of next month. Effective August 15,…
MCC adds Malaysia’s Kuantan to intra-Asia service
Intra-Asia carrier MCC Transport has added Kuantan Port in Malaysia to its IA-2 service. The IA-2 will now have this service rotation: Kuantan, Laem…
UPS scales down expected Q2 earnings, 2013 outlook
United Parcel Service (UPS) has lowered its expected earnings for the second quarter and revised downward its outlook for the whole of 2013. In…
Logistics firm opens health-care hub in South Korea
DB Schenker has opened a new health-care and pharmaceutical logistics center in South Korea as it continues to expand its specialty hubs worldwide. The…
Hapag-Lloyd poised to boost East Asia rates
German ocean carrier Hapag-Lloyd plans to increase rates from East Asia to the Indian Sub-continent twice, effective from July and from August. It will…