The Philippine aerospace industry is poised to achieve its export revenue goal of up to US$2.573 billion by 2022 and be recognized as a…
PH projects $2.6B in aerospace exports by 2022
The Latest
PH exports fall for third straight month in April
Despite the continued drop in exports, Philippine total merchandise trade still rose 8.8% to US$13.84 billion in April 2018 on the back of growth…
Terminal 2 of Mactan-Cebu airport to open on July 1
Mactan-Cebu International Airport’s (MCIA) Terminal 2 (T2) building, envisioned as the world’s friendliest resort airport, has been inaugurated and will start commercial operations on…
Capacity and Capability
Over the weekend I had my car’s gas tank filled up. Upon noticing that a liter is now at roughly P57, I immediately…
Technology Innovation and Risk-Bearing Capacity Keys to Survival
Many companies in the freight and logistics space have shut down in recent times succumbing to the challenging environment the industry has been seeing.…
BOC seizes P120.36-M worth of shabu misdeclared as chair, stools
The Bureau of Customs-Port of Clark seized on June 7 at least 17.7 kilos of shabu, with an estimated street value of P120.36 million,…
Contract for logistics center project at HKIA awarded
The right to develop and manage a premium logistics center at Kwo Lo Wan in the South Cargo Precinct of Hong Kong International Airport…
Indonesia junks rule to use local ships for import, export of commodities
The Indonesian government has scrapped a regulation that requires the use of Indonesian ships to export and import certain commodities. Trade Minister Enggartiasto Lukita…
UPS expands ocean LCL service in 130 new trade lanes
Atlanta-based logistics giant United Parcel Service (UPS) has announced a major expansion to its ocean less-than-container (LCL) service with the addition of direct sailings…
IATA cautions gov’ts on airport privatization
Administrations should be more careful when considering privatizing airports, said the International Air Transport Association (IATA), suggesting they think of the long-term economic and…
MICT ready for mega vessels with arrival of latest quay cranes
International Container Terminal Services, Inc.’s (ICTSI) flagship Manila International Container Terminal (MICT) is now capable of handling the world’s largest container ships after taking…
BOC Clark seizes P74.8M worth of illegal drugs
The Philippine Bureau of Customs (BOC) Port of Clark has intercepted 11.5 kilograms of methamphetamine hydrochloride (shabu) with an estimated street value of P74.8…
SoKor commits $172M loan for planned Cebu box terminal
The Philippines and South Korea have signed a US$172.64-million loan agreement for the construction of a new international container port in Cebu that will…
BOC surpasses May collection target by 3.9%
The Philippine Bureau of Customs (BOC) reported that it hit its revenue collection target for May 2018, collecting P52.601 billion, 3.9% higher than the…
New BOC order updates ruling on alert orders
The Philippine Bureau of Customs (BOC) has revised rules on the electronic/manual issuance and lifting of alert orders. Customs commissioner Isidro Lapeña on May…
Royal Cargo marks 40 years with bigger expansion, investment plans
End-to-end logistics solutions specialist Royal Cargo is gearing up for continued business growth in 2018 and beyond as it celebrates 40 years in the…
Customs e-library of issuances unveiled to the public
Customs stakeholders now have an alternative place to browse and download old and new issuances of the Philippine Bureau of Customs (BOC). The Customs…
P10.5B NLEX Harbor Link Segment 10 eyed for completion this year
Construction of the North Luzon Expressway (NLEX) Harbor Link Segment 10, an elevated expressway linking MacArthur Highway in Valenzuela City and C3 Road in…
CMA CGM taps startup to embed AI on board its ships
French container shipping line CMA CGM announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that specializes in…
Contract logistics books fastest growth since 2010
The global contract logistics market grew 5.0% last year, its fastest annual pace since 2010, according to a new report from Transport Intelligence (Ti).…
