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3PL/4PL

News on third and fourth-party logistics service providers

LTFRB calls new ridesharing company Arcade City “colorum”

LTFRB calls new ridesharing company Arcade City “colorum”

Aug. 16 | From Arcade City’s Facebook page Ridesharing company Arcade City has launched a new mobile app for Android and iOS in the Philippines. But the Land Transportation and Franchising Board (LTFRB) has said Arcade City cars are not authorized to operate...

APAC volumes to stay healthy, steady yearlong—report

APAC volumes to stay healthy, steady yearlong—report

Aug. 16 | The Asia-Pacific region continues to be a region of much opportunity for freight forwarders, although the rest of the year may not be as robust as the first half, according to the latest results of the APAC Forwarding Index, which measures monthly trade...

PH moratorium on truck overloading prohibition extended anew

PH moratorium on truck overloading prohibition extended anew

Aug. 13 | The Philippine Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr) have once again extended for another six months the moratorium on the enforcement of the anti-overloading policy on trucks categorized under codes 12-2...

Quick Reliable, Ceres, Xend partner to boost cargo delivery in Visayas, Mindanao

Quick Reliable, Ceres, Xend partner to boost cargo delivery in Visayas, Mindanao

Aug. 13 | At the recent signing ceremony involving Quick Reliable, bus company Ceres, and e-commerce and logistics company Xend Business Solutions, from left to right, Quick Board Member Dennis Trajano, Ceres Board Member Ricardo Yanson, Jr., Quick chairman Victorico...

Harbor Star income down 42% in second quarter

Harbor Star income down 42% in second quarter

Aug. 13 | Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) has reported a net profit of P25.6 million in the second quarter of 2017, which is 42% lower than the P44 million it earned in the same period last year. Net profit for the first half...

Chelsea Logistics seeks out port development, takeover deals

Chelsea Logistics seeks out port development, takeover deals

Aug. 13 | Newly listed Philippine company Chelsea Logistics Holdings Corp. (CLC) is on the lookout for opportunities to go into port development and acquire other logistics companies as it seeks to expand its maritime portfolio. CLC chairman Dennis Uy said the...

CTAP eyes Duterte meet in attempt to quash 15-year truck age policy

CTAP eyes Duterte meet in attempt to quash 15-year truck age policy

Aug. 13 | The Confederation of Truckers Association of the Philippines (CTAP) is planning to seek an audience with President Rodrigo Duterte to raise its concern over a Department of Transportation (DOTr) order that effectively implements a 15-year limit on the...

Chelsea Logistics debuts on PH stock market

Chelsea Logistics debuts on PH stock market

Aug. 13 | Marine shipping company Chelsea Logistics Holdings Corp. (CLC) recently debuted on the Philippine Stock Exchange with an oversubscribed initial public offering of common shares, and has offered 546.593 million new common shares to raise gross proceeds...

PH logistics survey finds reliability as key supply chain concern

PH logistics survey finds reliability as key supply chain concern

Aug. 8 | A survey by the Department of Trade and Industry (DTI) links low logistics performance in the Philippines to high logistics cost, and identifies reliability as the leading supply chain performance issue for stakeholders. The same survey found logistics...

Truckers seek repeal of DOTr order on 15-year truck age limit

Truckers seek repeal of DOTr order on 15-year truck age limit

Aug. 6 | The Confederation of Truckers Association of the Philippines (CTAP) is requesting the Department of Transportation to revoke a new department order that will effectively phase out trucks aged 15 years and above, asking instead that roadworthiness be...
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