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News on third and fourth-party logistics service providers

Global sea forwarding market down 7.6% in H1

Global sea forwarding market down 7.6% in H1

Oct. 5 | The global sea freight forwarding market saw a 7.6% contraction in the first half of 2020 than when it began the year due to the impact of the COVID-19 crisis, according to market data from Transport Intelligence (Ti). Over the course of 2020, the sea...

Global freight forwarding market to contract 10.2% this year

Global freight forwarding market to contract 10.2% this year

Oct. 3 | The global freight forwarding market will shrink by 10.2% in 2020 year-on-year, the worst fall since the financial crisis, according to the latest market projections by Transport Intelligence (Ti). The market contracted by 11.6% in the first half year-over-year...

DSV Panalpina enters self-storage market

DSV Panalpina enters self-storage market

Sep. 30 | DSV’s first self-storage building for the B2C self-storage market opens on October 1 Logistics company DSV Panalpina has entered the self-storage market, announcing plans to build its first self-storage building for the business-to-consumer market. The...

COVID-19 propels big changes in shippers’ logistics plans

COVID-19 propels big changes in shippers’ logistics plans

Sep. 28 | A new survey shows that 98% of shippers and logistics professionals are making major changes in their supply chain decisions and strategies in response to COVID-19-related disruptions, according to a Transport Intelligence (Ti) report. The COVID-19 crisis,...

Widening of Bacolod-Silay airport access road completed

Widening of Bacolod-Silay airport access road completed

Sep. 25 | Completed Bacolod-Silay Airport Access Road widening project | Photo from DPWH The P45.94-million Bacolod-Silay Airport Access Road (BSAAR) widening project in Silay City, Negros Occidental has been completed, the Department of Public Works and Highways...

FDA licensing order to hike cost, disrupt supply chain: Philexport chief

FDA licensing order to hike cost, disrupt supply chain: Philexport chief

Sep. 25 | An order reinstating registration requirements for certain household/urban hazardous substances (HUHS) could jack up cost and disrupt the supply chain, according to Sergio R. Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. (PHILEXPORT). In...

Megawide consortium bags P28B Malolos-Clark railway phase 1 contract

Megawide consortium bags P28B Malolos-Clark railway phase 1 contract

Sep. 21 | Infographic from Asian Development Bank, which approved in May 2019 a $2.75 billion facility for the Malolos-Clark Railway Project Megawide Construction Corp.  and its two Korean partner companies have been awarded the contract for the P28-billion package...

Keep ships moving, ports open, trade flowing: UN agencies to gov’ts

Keep ships moving, ports open, trade flowing: UN agencies to gov’ts

Sep. 21 | Eight United Nations (UN) organizations are calling on governments to facilitate trade and transport and restore supply chain connectivity amid the severe economic fallout from curtailing travel and closing borders. The UN bodies made the call as they...

5G to transform logistics operations 5 ways—report

5G to transform logistics operations 5 ways—report

Sep. 20 | The eventual widespread deployment and adoption of 5G technology will change the way companies operate and transform supply chain management and logistics operations, according to a new report from Transport Intelligence (Ti). 5G is fifth-generation wireless...

Duterte extends state of calamity until Sept 2021

Duterte extends state of calamity until Sept 2021

Sep. 19 | President Rodrigo Duterte has extended the declaration of state of calamity over the Philippines for one year, or until September 12 next year, as the country continues to battle the coronavirus. Under Proclamation No. 1021 signed on September 16, the...