Latest news on the shipping, logistics and cargo industry
Air cargo volume, yield climb in September
The usually hard-pressed air cargo industry found a bright moment in September…
November 2, 2016
3 minute read
Draft PH customs order hikes tax exemption for balikbayan boxes
A draft customs administrative order (CAO) governing the consolidated shipment of duty-…
November 1, 2016
4 minute read
SBITC’s on-dock CFS at Subic port opens mid-Nov
Subic Bay International Terminal Corp. (SBITC) is set to open by the…
November 1, 2016
1 minute read
Japan’s 3 biggest carriers to merge box shipping, port businesses
Three major Japanese liners have bared plans to combine container shipping and…
November 1, 2016
2 minute read
Logistics industry’s confidence goes up ever so slightly
The Stifel Logistics Confidence Index for October remained below the neutral mark…
November 1, 2016
4 minute read
Only TABS trucks exempt from number coding, truck ban – MMDA
Cargo trucks are not covered by the Unified Vehicular Volume Reduction Program,…
October 31, 2016
2 minute read
OOCL revenue plunges 13.8% in Q3 despite volume growth
Hong Kong-based carrier Orient Overseas Container Line (OOCL) reported higher volumes in…
October 31, 2016
1 minute read
UPS earnings up 3.6% amid fuel and currency headwinds
Atlanta-headquartered United Parcel Service (UPS) saw strong growth in its third-quarter 2016…
October 31, 2016
2 minute read
PH ratifies Trade Facilitation Agreement
The Philippines has ratified the World Trade Organization’s (WTO) Trade Facilitation Agreement…
October 28, 2016
3 minute read
UPS orders 14 Boeing 747 jets in $5.3B contract
Atlanta-based courier United Parcel Service (UPS) has ordered 14 new Boeing 747-8 cargo…
October 28, 2016
2 minute read
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