$105M net loss for NOL as freight rates touch historic lows

Neptune Orient Lines (NOL) saw a net loss after tax of US$105…

Customs modernization act now awaiting PH President’s signature

The Customs Modernization and Tariff Act (CMTA) was transmitted on May 3…

MICT slashes by 50% booking fee for TABS high-demand slots

Rates for the high-demand zone under the Terminal Appointment Booking System (TABS)…

DTI lists excess charges PH forwarders should stop collecting

The Philippine Department of Trade and Industry (DTI) is once again warning…

ATI’s cash dividend of P820M a 30-year record high

Listed port operator Asian Terminals Inc. (ATI) declared a total cash dividend…

Fitch: M&As more effective than alliances for capacity cuts

There will be increased movement toward mergers and acquisitions (M&As) in the…

Queues at Manila port shorten as truckers get the hang of TABS

Truck arrivals have begun to spread out within the 24-hour period, weeks…

IMO adopts mandatory electronic exchange of shipping information

The mandatory electronic exchange of information on cargo, crew, and passengers has…

Advance manifest submission implemented on May 1

The Bureau of Customs (BOC) rules on advance manifest submission was implemented…

Box liners reverse 5-month backslide in punctuality

Ocean box carriers bucked a five-month downward trend by improving container service…