Philippine cargo throughput rose 6.33% to 162.24 million metric tons (mmt) in the first eleven months of 2011 from 152.58 mmt year-on-year, according to…
PH cargo throughput up 6.33% from Jan-Nov
The Latest
PH forwarders get fast lane for accreditation renewal
The Philippine Shippers’ Bureau (PSB) and the Philippine International Seafreight Forwarders Association (PISFA) recently signed an agreement that establishes an exclusive lane (E-Lane) for…
BRIC are hot export spots for the Philippines
The Philippines is in a good position to take advantage of opportunities in emerging markets such as Brazil, Russia, India, and China or BRIC.…
PEZA E-Payment Facility
Philippine Export Zone Authority (PEZA) Memorandum Circular 2012-006 dated 02 February 2012 on the subject: PEZA’s E-Payment Facilities has just been issued and it…
PH truckers cut volume expectations
The Confederation of Truckers Association of the Philippines (CTAP) has reduced its volume growth projection for the year. CTAP cited soaring fuel prices, relocation…
Cebu Pacific targets long-haul destinations
Budget airline Cebu Pacific (CEB) is planning to mount long-haul flights next year in areas with large Filipino communities such as Australia, the Middle…
Kerry Siam Seaport in Thailand starts third phase of expansion
International freight forwarder Kerry Logistics has started the third phase of the expansion of its Kerry Siam Seaport (KSSP), a multipurpose port located in…
G6 Alliance advances launch of Asia-Europe services
The G6 Alliance will launch its six-carrier Asia-Europe service in early March, one month ahead of schedule. “We are eager to roll out our…
Transportation and logistics heads name top concerns for 2012
Rising energy costs, the gloomy global economy, and recruiting the right talent are among the key concerns in 2012 for CEOs in the transportation…
Samudera Indonesia to invest $89 million in new ships, facility upgrades
Samudera Indonesia, an Indonesia cargo transportation and logistics company serving local and international clients, plans to allocate $89.6 million for business investments that include acquiring…
Hapag-Lloyd to raise freight rates on Japan-North Europe loop
Hapag-Lloyd continues to schedule freight rate hikes on several of its routes. Effective April 1, the German ocean carrier will increase rates from Japan…
Lufthansa Cargo eyes Asia expansion
German airfreight carrier Lufthansa Cargo said it will expand its operations in Korea and China this year, as it anticipates Asia to eventually account…
Singapore Customs unveils outcome of traders’ satisfaction survey
Singapore Customs has released the results of its Trader’s Satisfaction Survey (TSS) 2011, saying they indicate that customers’ overall satisfaction with its services has…
More carriers announce rate hikes on Asia-Europe trade
The number of carriers eyeing rate hikes on the Asia-Europe trade lanes just got higher as Orient Overseas Container Line (OOCL) and Zim Integrated…
Maersk Line leads as carriers set new record for schedule reliability
Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69 percent across all the trades,…
PH exporters see bullish 2012 prospects
Notwithstanding the negative growth until November last year, Philippine exporters see a rosier 2012 as they start to penetrate emerging markets and as signs…
PH agriculture agency further automates import processes
The Philippine Department of Agriculture (DA) has begun implementing the second phase of automation for its minimum access volume (MAV) program. The first phase,…
Lorenzo Shipping to buy containership
A container vessel capable of carrying 510 twenty-foot equivalent units will join Lorenzo Shipping Corp’s (LSC) fleet by end 2012. The publicly listed Philippine…
Mindanao box terminal volume target revised down
This year’s volume growth forecast for the Mindanao Container Terminal (MCT) in southern Philippines has been cut due to slow economic activity, particularly from…
Hactl sponsors new Cargo Facts Asia event
Hactl – the largest cargo handler at the world’s number one cargo hub – is sponsoring the first-ever Cargo Facts Asia, taking place at…
