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News on third and fourth-party logistics service providers

Expiring RapidPass ID valid until end-Dec

Expiring RapidPass ID valid until end-Dec

Jun. 24 | All RapidPass QR codes valid until June 30, 2020 will be automatically extended until December 31, 2020, according to the Department of Information and Communications (DICT). DICT, in an advisory, said the validity extension is automatic whether or not...

LBC Express income drops 65% in 2019

LBC Express income drops 65% in 2019

Jun. 23 | LBC Express Holdings, Inc. (LBC) has reported a net income of P475.82 million in 2019, 65% lower than the P1.349 billion net income in 2018. In a regulatory disclosure, LBC said the decline was due to loss in derivative attributable to the convertible...

TPLEX final segment to open on July 15

TPLEX final segment to open on July 15

Jun. 23 | 11km section from Pozorrubio, Pangasinan to Rosario, La Union of TPLEX | Photo courtesy of DPWH The final segment of the 88.85-kilometer (km) Tarlac-Pangasinan-La Union Expressway (TPLEX) will be open to motorists by July 15, according to the Department...

July 9 webinar gives pointers on how global trade, customs professionals can stay relevant

July 9 webinar gives pointers on how global trade, customs professionals can stay relevant

Jun. 22 | How can global trade and customs professionals stay relevant during these challenging times? Find out at the July 9 free webinar entitled “Staying relevant in the Global Trade and Customs Profession” to be conducted by Elizabeth Chelliah (Principal...

Chelsea Logistics sees a reversal of fortunes, reports loss of P345M in Q1

Chelsea Logistics sees a reversal of fortunes, reports loss of P345M in Q1

Jun. 21 | The drop in net profit was also due to Chelsea’s share in the net loss of one of its associates, 2GO Group, Inc. Photo from www.chelsealogistics.ph Chelsea Logistics and Infrastructure Holdings Corp (CLC) posted a net loss of P345 million for the...

Aircraft groundhandler letting go of 1,000 employees in July

Aircraft groundhandler letting go of 1,000 employees in July

Jun. 19 | The coronavirus disease (COVID-19) pandemic is wreaking more havoc on the aviation industry, this time causing the retrenchment of more than 1,000 employees of 1Aviation Groundhandling Services Corp in July. “This unprecedented and uncertain situation...

NLEX Harbor Link section opening means 20-minute QC to Port Area drive

NLEX Harbor Link section opening means 20-minute QC to Port Area drive

Jun. 16 | Photo courtesy of NLEX Corp. The North Luzon Expressway (NLEX) Harbor Link elevated section between the new Caloocan Interchange, C3 Road/5th Avenue and new Navotas Interchange was opened to motorists and freight carriers on June 15, allowing motorists...

Pre-COVID or under new normal, challenges the same for logistics industry

Pre-COVID or under new normal, challenges the same for logistics industry

Jun. 14 | Image courtesy of khunaspix at FreeDigitalPhotos.net The new normal will bring the same challenges to the logistics industry, according to the Supply Chain Management Association of the Philippines (SCMAP). “All the logistics challenges we are experiencing...

BOC to implement online system for payment of customs fees

BOC to implement online system for payment of customs fees

Jun. 14 | Image by Gerd Altmann from Pixabay The Bureau of Customs (BOC) is implementing an online payment system for the collection, transmittal, and remittance of Customs fees and other payments. BOC signed a memorandum of agreement with the Bureau of the Treasury...

Coopetition an opportunity for multimodal transport operators, says industry exec

Coopetition an opportunity for multimodal transport operators, says industry exec

Jun. 14 | Image by mohamed Hassan from Pixabay Multimodal transport operators can collaborate and cooperate—even between competitors—during this time when there are capacity issues and decrease in cargo demand brought by the coronavirus (COVID-19) pandemic,...