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Archive for February, 2020
Clarion Call
Feb. 29 | To be honest, I thought the COVID-19 crisis would start slowing down right about now, particularly when the number of daily new cases in China began to decline slightly. But, of course, there was no reason to let our guard down. As I write this,...
How Visibility Gives You Full Control of Your Business
Feb. 29 | Amit Maheshwari, Softlink Global CEO For a logistics and freight organization where diverse and complex activities are carried out simultaneously, visibility is indispensable. It makes for better control over the business process and gaining operational...
PAL lays off 300 staff amid mounting losses, COVID-19
Feb. 29 | Philippine Airlines (PAL) is laying off about 300 ground-based administrative and management personnel to stem losses partly brought on by effects of the COVID-19 (coronavirus disease). In a February 28 statement, the airline said the business restructuring...
CAB imposes travel ban to SoKor
Feb. 29 | The Civil Aeronautics Board (CAB) has directed all airlines in the Philippines to immediately implement travel restrictions to South Korea amid the coronavirus disease (COVID-19). The move follows the earlier order of the Inter-Agency Task Force for the...
Kuehne + Nagel posts profit in difficult markets
Feb. 28 | Integrated supply chain service provider Kuehne + Nagel said there was “considerable improvement” to its results in 2019 despite a difficult market, and announced that for 2020, it will focus on the growth of its Asia operations. The group in...
Asia Pacific carriers’ positive start to year wiped out by coronavirus—AAPA
Feb. 28 | Carriers in the Asia-Pacific region saw 2020 start on a positive note, but their renewed optimism was short-lived as they now anticipate billions of dollars in lost revenue as the novel coronavirus (COVID-19) continues to inflict damage, according to...
Foreign airlines in PH see 7% dip in 2019 freight volume
Feb. 27 | International cargo and mail volume handled by foreign air carriers operating in the Philippines dropped 7.1% in 2019 to 370.603 million kilograms (kg) from 398.804 million kg in 2018 as both inbound and outbound traffic declined. Latest data from the...
BIMCO maps likely coronavirus impacts on global shipping as time elapses
Feb. 26 | The coronavirus outbreak could not have come at a worse time for the shipping industry, which is currently struggling with the additional fuel costs from IMO 2020 and the switch to low-sulfur fuels, according to the Baltic and International Maritime Council...
DSV opens direct China-US air cargo service to ease capacity shortage
Feb. 26 | Global transport and logistics giant DSV has announced that beginning February 25, it is offering a cargo air bridge between China and the United States to help alleviate the backlogs resulting from the spread of the coronavirus (COVID-19). DSV in a release...
