BOC orders anew quick release of reefer goods as DTI worries about “impending reefer congestion”

Bureau of Customs Assessment and Operations Coordinating Group Memo 446-2021 dated August…

DTI scraps safeguard duty for auto imports

The Department of Trade and Industry has junked imposition of the safeguard…

Maersk sees Q2 profits jump as bottlenecks propel rates

Group revenue grew 58% to US$14.2 billion in the second quarter and…

PortCalls August 11, 2021

Our latest issue (PortCalls; August 11 2021). Stories include: BOC releases rules…

CAAP airports handle 24.6% less cargo in Jan-April

Cargo volume handled by airports under the Civil Aviation Authority of the…

PH ends recession with 11.8% growth in Q2

The Philippine economy posted an 11.8% growth in the second quarter of…

No short-term easing of freight rate levels in sight

This huge rate spike comes considering that the FBX level was already…

BOC releases new rules on disposition of forfeited, abandoned goods

Customs Memorandum Order 24-2021 provides new rules on the disposition of forfeited…

PortCalls August 9, 2021

Our latest issue (PortCalls; Aug 9, 2021). Stories include: BOC, LTO share…

Asia-US freight rates hit fresh highs in July: Freightos

Ocean rates are still very elevated and transit times volatile due to…