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Archive for November, 2019

Air cargo volumes still on the decline

Air cargo volumes still on the decline

Nov. 30 | Worldwide air cargo volumes dropped 5.0% in October 2019 compared with the same month in 2018, but were 7% higher month-over-month, according to the latest market report from WorldACD. General cargo declined 8.2% in October year-on-year, while special...

Treaty tackling problem of unruly passengers set to come into force

Treaty tackling problem of unruly passengers set to come into force

Nov. 30 | The Montreal Protocol 2014 (MP14)—the agreement that enhances the capacity of states to curb the rising incidence of unruly behavior on board aircraft—will come into force on January 1, 2020. This follows the needed 22nd instrument of ratification...

Diverse emissions rules in cities sowing confusion among truckers

Diverse emissions rules in cities sowing confusion among truckers

Nov. 30 | Truck operators are navigating an increasingly complex and confusing regulatory environment as political momentum to address air pollution in cities gathers pace, says a new analysis from Transport Intelligence (Ti). The report observed: “Diesel emissions...

Binondo mall yields P70M smuggled goods

Binondo mall yields P70M smuggled goods

Nov. 29 | Smuggled goods worth more or less P70 million and kept inside the storage units of a shopping mall in Binondo, Manila have been seized by combined government operatives. The goods, likely fake products, were uncovered on November 26, 2019 by joint elements...

Mitsubishi Shipbuilding christens ship for Tokai Kisen

Mitsubishi Shipbuilding christens ship for Tokai Kisen

Nov. 29 | The new Salvia Maru is 118m long and 17m wide, with gross tonnage of approximately 6,200 tonnes. Photo from Mitsubishi Shipbuilding Co., Ltd. Mitsubishi Shipbuilding Co., Ltd, a member of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, conducted...

Chinese shipbuilders complete merger

Chinese shipbuilders complete merger

Nov. 29 | China has announced the completed merger of China Shipbuilding Industry Corporation (CSIC) and China State Shipbuilding Corporation Limited (CSSC) on November 26. The reorganized corporation, the new China State Shipbuilding Corporation, creates the world’s...

Air passenger market stabilizes, freight sector continues difficult run

Air passenger market stabilizes, freight sector continues difficult run

Nov. 27 | The effects of the economic slowdown and trade wars on the air passenger and freight markets, particularly those in Asia-Pacific, are apparent as 2019 draws nearer to a close, according to a new report from Airports Council International (ACI). The global...

Trade war leads to contraction of global forwarding market in H1

Trade war leads to contraction of global forwarding market in H1

Nov. 27 | The trade war between the US and China is pointed to as one of the major causes for the global freight forwarding market contracting in the first half of 2019, and there is fear the market could contract at its worst level in a decade, according to a...

Feedback on draft sea freight forwarding rules needed by Dec 5

Feedback on draft sea freight forwarding rules needed by Dec 5

Nov. 26 | Image by Jason Goh from Pixabay.  The Department of Trade and Industry (DTI) has given sea freight forwarders until December 5 to submit their comments on the proposed revised rules on sea freight forwarding. DTI Consumer Protection and Advocacy Bureau...

PH-Korea FTA signing moved to next year

PH-Korea FTA signing moved to next year

Nov. 26 | Image by Gerd Altmann from Pixabay. The Philippines and South Korea have moved the conclusion of a free trade agreement (FTA) from this month to next year as negotiations have come to a standstill, according to Philippine Trade and Industry Secretary...