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Economy

2327 posts

Latest news on economy impacting shipping and logistics

oVERSUPPLY OF CONTAINERS aiding 2nd-hand container price slide

US shippers pay highest demurrage fees globally

US ports occupy top five spots on the list of “60 ports…
  • July 6, 2022
  • 3 minute read
Bureau of Customs launched the National Customs Intelligence System

BOC launches National Customs Intelligence System

Newly launched National Customs Intelligence System (NCIS) will be the Bureau of…
  • July 6, 2022
  • 2 minute read
Freight data sharing proposed as green solution

Freight data sharing proposed as green solution

Open freight data exchange should cut carbon emissions 22% by 2050 and…
  • July 5, 2022
  • 3 minute read
SMC still hopeful Bulacan ecozone plan gets OK’d

SMC still hopeful Bulacan ecozone plan gets OK’d

San Miguel Corp. is keeping its fingers crossed that its proposed economic…
  • July 5, 2022
  • 4 minute read
PPA overhauls private port operation policy

PPA overhauls private port operation policy

The government policy on private port development, construction, operation, and maintenance has…
  • July 5, 2022
  • 5 minute read
SMC urged to register Bulacan airport as PEZA project

SMC urged to register Bulacan airport as PEZA project

• San Miguel Corp. is being encouraged to salvage its newly vetoed…
  • July 5, 2022
  • 3 minute read
peak season consumer gloom

Freight market players wary of peak season consumer gloom

Waning US consumer confidence amid rising inflation and weak economic outlook keeps…
  • July 4, 2022
  • 4 minute read
Spot rates below us$5k

Cargo rates up 170% y-o-y on buoyant June contract prices

Long-term contracted prices rise 10.1%, driving up ocean freight rates 169.8% y-o-y…
  • July 2, 2022
  • 3 minute read
Marcos vetoes Bulacan economic zone measure

Marcos vetoes Bulacan economic zone measure

President Ferdinand Marcos, Jr has vetoed House Bill 7575, on his first…
  • July 2, 2022
  • 2 minute read
EU seeks advance air cargo declaration from March 2023

EU seeks advance air cargo declaration from March 2023

The customs pre-arrival security and safety program is underpinned by the Import…
  • July 1, 2022
  • 3 minute read