Transport ministers of the Association of Southeast Asian Nations (ASEAN) concluded and signed two air transport agreements and adopted transportation protocols during a series…
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No suspension of rice importation yet
The Philippine government said there is no directive yet from President Rodrigo Duterte to suspend the importation of rice. Finance Secretary Carlos Dominguez III…
BOC Clark destroys smuggled cigarette-making machines
The Bureau of Customs (BOC) Port of Clark has destroyed several smuggled cigarette-manufacturing machines, fake cigarette master cases, and other packaging materials. Condemned on…
Ti report identifies top 5 threats to supply chains
External threats to supply chains have received considerable attention following well-publicized natural disasters, terrorist action, piracy and cyber attacks. A new report by Transport…
AI steadily transforming logistics—DSV report
The days of artificial intelligence (AI) being a reserve of science fiction are long gone. AI is steadily making its way into many aspects…
Cebu airport cargo traffic falls 9% in first three quarters
In the first nine months of 2019, cargo handled at Mactan-Cebu International Airport (MCIA) declined 8.8% to 55.479 million kilograms (kg) from 60.835 million…
Harbor Star reverses course, posts P140M loss in first nine months
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) reported a loss of P139.752 million in the first nine months of 2019 from a…
Chevron products fuel-marked at Batangas facility
Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels, lubricants, and petroleum products, has undertaken live fuel marking at its import terminal…
PAL group sinks deeper into red with P7.86M loss in Jan-Sept
PAL Holdings, Inc. reported a bigger loss of P7.863 million in the first nine months of 2019 from the P3.287 million it lost in…
Smaller loss, bigger revenues for Lorenzo Shipping in first 9 months
Domestic carrier Lorenzo Shipping Corporation (LSC) posted a net loss of P173.3 million in the first nine months of 2019, lower than the P188.9…
DTI pushes adoption of new road freight transport standards by truckers, forwarders
The Department of Trade and Industry (DTI) Competitiveness Bureau (CB) is encouraging truckers to adopt best global practices and standards in their operations as…
LBC Express Jan-Sept income drops 60% despite revenue hike
LBC Express Holdings, Inc. (LBC) reported service revenues of P11.57 billion for the first nine months of 2019, a 27% increase from P9.11 billion…
Aggrieved PH threatens retaliatory tariffs on Thai car imports
The Philippines is considering imposing tariffs on auto imports from Thailand in retaliation for the neighboring country’s non-compliance with a World Trade Organization (WTO)…
Chelsea income deflates 54% in first 9 months
Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) reported a 54% decline in net income for the first nine months of 2019 to P20 million…
Income from AyalaLand’s logistics business expands 164%
AyalaLand Logistics Holdings Corporation (ALLHC), a subsidiary of Ayala Land, Inc., posted a net income of P500 million in the first nine months of…
73 transport, mobility projects dominate revised Build list
Transportation and mobility projects totaling 73 in all and worth P3.84 trillion dominate the Philippine government’s revised list of infrastructure projects under the “Build,…
Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’
Despite lower container demand, A.P. Moller-Maersk reported improved profitability across the business in the third quarter, while Hapag-Lloyd achieved good results in the first…
Manila South Harbor completes yard 2 expansion
Around 5,000 twenty-foot equivalent units (TEUs) of static cargo space has been added at Manila South Harbor following completion of the expansion of Container…
Air France, KLM offer one-stop flight from Manila to Paris-Charles de Gaulle via Taipei
Air France and KLM are now offering a one-stop flight from Manila to Paris with a faster and smoother connection via Taipei. The service…
Earnings on the rise for DP DHL despite ‘uncertain times’
Global logistics leader Deutsche Post DHL (DP DHL) group saw continued profit growth in the third quarter of 2019 as all of its five…