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Latest news on transportation and cargo industry

HKIA, Changi air cargo traffic goes flat

HKIA, Changi air cargo traffic goes flat

Aug. 13 | Air cargo traffic growth at Hong International Airport (HKIA) was at a standstill in July, even as passenger movements continued to strengthen. HKIA’s cargo and airmail throughput remained steady in July at 433,000 tonnes compared to last year, but...

PH Customs’ GPS system for containers in-transit now on its dry run

PH Customs’ GPS system for containers in-transit now on its dry run

Aug. 12 | The Philippine Bureau of Customs (BOC) is pilot-testing a GPS-based container tracking system to make sure containers in transit are transferred only to the designated container yard/container freight stations (CY/CFS), and Philippine Economic Zone Authority...

Maersk-IBM blockchain platform attracts over 90 participant organizations

Maersk-IBM blockchain platform attracts over 90 participant organizations

Aug. 12 | A.P. Moller-Maersk and IBM have announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply chain. The result of a collaboration agreement between Maersk and IBM announced last January,...

Hapag-Lloyd widens loss in first half amid a ‘challenging market’

Hapag-Lloyd widens loss in first half amid a ‘challenging market’

Aug. 11 | Global shipping line Hapag-Lloyd announced a deeper net loss of EUR100.9 million (US$115.2 million) in the first half of this year, which is EUR58.2 million below the loss of EUR42.7 million in January-June 2017. This is mainly driven by the ongoing intense...

Growth slowdown continues for air cargo markets

Growth slowdown continues for air cargo markets

Aug. 11 | Global air freight markets, including those in Asia-Pacific, continued their growth slowdown in June and the first half of 2018, owing to three factors, according to the International Air Transport Association (IATA). IATA data shows that global air freight...

Cebu port enlarging yard, opening spaces for dangerous goods, empties

Cebu port enlarging yard, opening spaces for dangerous goods, empties

Aug. 10 | Oriental Port and Allied Services Corporation manager for Legal, Customer Care and IT Department Atty. Annabel Pulvera-Page in a presentation during the 2nd Visayas Shipping Conference 2018 organized jointly by PortCalls and Asia Customs & Trade in...

Cebu, Davao business leaders highlight trade facilitation gaps in the regions

Cebu, Davao business leaders highlight trade facilitation gaps in the regions

Aug. 9 | Cebu Chamber of Commerce and Industry president Consul Antonio Chiu at the 2nd Visayas Shipping Conference 2018 Philippine Exporters Confederation-Davao Ferdinand Marañon at the 3rd Mindanao Shipping Conference 2018 Enhanced ease of doing business and...

ICTSI continues series of improvements, investments to upgrade MICT

ICTSI continues series of improvements, investments to upgrade MICT

Aug. 8 | ICTSI Asia Pacific commercial director Justin Tolentino at the recent Ease of Doing Business at MICP stakeholders’ forum. International Container Terminal Services, Inc. (ICTSI) has bared development plans for Manila International Container Terminal...

BOC to replace advanced manifest system with WCO version

BOC to replace advanced manifest system with WCO version

Aug. 8 | The Bureau of Customs (BOC) is set to introduce a new system to replace its advanced manifest system (AMS), whose implementation is currently on hold due to issues raised by stakeholders. The BOC took note of concerns raised by stakeholders on the AMS,...

Airport freight traffic speeds up despite geopolitical pressure

Airport freight traffic speeds up despite geopolitical pressure

Aug. 8 | Amid rising geopolitical risks, global freight volumes at airports picked up speed in May while passenger traffic growth remained resilient during the month, according to the latest figures from Airports Council International (ACI) World. “The air...
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