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Archive for March, 2015

Rail freight transport solution to congestion

Rail freight transport solution to congestion

Mar. 24 | Using rail to transport goods will be good for the freight industry, even if it will not significantly alleviate road congestion, a government-owned think tank said. “With traffic congestion going to get worse in Metro Manila, shippers/locators could...

PPA beefs up port security ahead of summer, Holy Week mass exit

PPA beefs up port security ahead of summer, Holy Week mass exit

Mar. 24 | Greater security will be enforced at such ports as the Manila North Harbor. Photo courtesy of Manila North Harbour Port Inc. The Philippine Ports Authority (PPA) will implement starting this week tighter security checks at ports ahead of the summer break...

Airlines exempt from BIR import clearance

Airlines exempt from BIR import clearance

Mar. 24 | Airlines with congressional franchises no longer need to secure clearance from the Bureau of Internal Revenue (BIR) to be able to import aircraft and equipment once they can prove these purchases are tied to public safety concerns. Under Finance Department...

PPA surpasses profit target by 16% despite port woes

PPA surpasses profit target by 16% despite port woes

Mar. 24 | The Philippine Ports Authority (PPA) posted a 15% increase in net income for the full year 2014 to P4.26 billion from P3.7 billion in 2013 despite the Manila port congestion. The state-owned agency said this is also about 16% higher than the target of...

SMC invests P168B in various road development projects

SMC invests P168B in various road development projects

Mar. 24 | Diversified conglomerate San Miguel Corporation (SMC) will shell out P168 billion for the expansion and upgrade of its tollway and highway projects. “We look at infrastructure as an opportunity to participate in the growth of our country. Quality infrastructure...

PAL to take out $280M loan to boost Airbus fleet

PAL to take out $280M loan to boost Airbus fleet

Mar. 24 | Photo from PAL Facebook account Flag carrier Philippine Airlines will be spending US$280 million this year to acquire five new Airbus aircraft. PAL president and chief operating officer Jaime Bautista said the airline will borrow $250 million to obtain...

Survey reveals why shippers choose Manila port over Batangas, Subic

Survey reveals why shippers choose Manila port over Batangas, Subic

Mar. 24 | Manila International Container Terminal. Photo courtesy of port operator International Container Terminal Services, Inc. Philippine transport stakeholders prefer shipping through Manila port for its accessibility, availability of service providers, and...

Building comprehensive infra can forestall port congestion — PPA

Building comprehensive infra can forestall port congestion — PPA

Mar. 24 | Philippine Ports Authority assistant general manager for special projects Hector Miole during his presentation at the Philippine International Seafreight Forwarders Association general membership meeting. The Philippine Ports Authority (PPA) is proposing...

Carrier alliances to introduce 3 new Asia-USEC services

Carrier alliances to introduce 3 new Asia-USEC services

Mar. 23 | As the fallout from the U.S. West Coast (USWC) port congestion lingers, there are plans by ocean box carrier alliances to introduce three new Asia-U.S. East Coast (USEC) services. The move is designed to provide alternative routes as carriers capitalize...

Vietnam to probe alleged unreasonable surcharges levied by foreign liners

Vietnam to probe alleged unreasonable surcharges levied by foreign liners

Mar. 23 | The Government Office of Vietnam said it intends to look into allegations that foreign carriers are levying unreasonable surcharges on local shippers and port users. Three agencies have been instructed to revisit the surcharges imposed by international...