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News on third and fourth-party logistics service providers

Industry associations, port operators take steps to solve problem with empty containers in PH

Industry associations, port operators take steps to solve problem with empty containers in PH

Feb. 19 | The Association of International Shipping Lines (AISL), Alliance of Concerned Truck Owners and Organizations (ACTOO), Container Depot Alliance of the Philippines (CDAP) and International Container Terminal Services, Inc. (ICTSI) have agreed to undertake...

Truckers oppose BOC registration, claim new policy is ‘redundant’

Truckers oppose BOC registration, claim new policy is ‘redundant’

Feb. 18 | The registration of truckers with the Bureau of Customs under Customs Memorandum Order (CMO) 05-2019 is “redundant”, as truckers already comply with the franchising requirement of the Land Transportation Franchising and Regulatory Board (LTFRB),...

Draft PH order regulating foreign liners’ fees awaits feedback

Draft PH order regulating foreign liners’ fees awaits feedback

Feb. 18 | At the recent stakeholders’ meeting on the draft joint administrative order that will regulate charges of international shipping lines operating in the Philippines. Several Philippine government agencies have presented to stakeholder organizations...

Strategic goods law implementation in PH rescheduled for later date

Strategic goods law implementation in PH rescheduled for later date

Feb. 17 | Participants to the recent seminar on Strategic Trade Management Act organized by PortCalls, Asia Customs & Trade and the Philippine Multimodal Transport and Logistics Association, Inc (PMTLAI). Photo courtesy of PMTLAI. The implementation of the...

DSV raises bid offer, willing to pay Panalpina in cash

DSV raises bid offer, willing to pay Panalpina in cash

Feb. 15 | Basel-based transport and logistics company Panalpina confirms that it has received a revised, non-binding proposal from Danish rival DSV to acquire the company at a price of CHF180 per share, all in cash. “According to its fiduciary duties, the Board...

Panalpina confirms ongoing talks with Agility

Panalpina confirms ongoing talks with Agility

Feb. 15 | Swiss-based transport and logistics company Panalpina has confirmed media reports that it is in discussions with Kuwaiti counterpart Agility Group on “potential strategic opportunities” with regard to their respective logistics businesses. The...

BOC requiring registration of truckers moving import, export goods

BOC requiring registration of truckers moving import, export goods

Feb. 15 | All Philippine truckers transporting import and export shipments to and from the ports will soon be required to register with the Bureau of Customs (BOC), otherwise they can’t carry such goods. The ruling is contained in Customs Memorandum Order (CMO)...

New study forecasts impact of automation, technology in transport industry in 2040

New study forecasts impact of automation, technology in transport industry in 2040

Feb. 11 | The introduction of automation in global transport will be “evolutionary, rather than revolutionary,” according to a new report that investigates how the global transport industry will change as a result of automation and advanced technologies. “Transport...

Chelsea Logistics eyes P7B expansion fund from issuing bonds

Chelsea Logistics eyes P7B expansion fund from issuing bonds

Feb. 4 | Chelsea Logistics Holdings Corp. (CLHC) confirmed plans to raise P7 billion from the debt market to fund its expansion projects for this year. CLHC in a regulatory disclosure confirmed a report quoting vice president for finance Ignacia Braga IV as saying...

PH agencies to regulate fees of foreign shipping lines, depots, truckers

PH agencies to regulate fees of foreign shipping lines, depots, truckers

Feb. 1 | Image courtesy of khunaspix at FreeDigitalPhotos.net Fees charged by international shipping lines, container depot operators, and truckers operating in the Philippines will soon be regulated by government agencies, the move designed to lower high shipping...
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