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Latest news on transportation and cargo industry

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...

Asia-Pacific airports garner highest score in passenger satisfaction

Asia-Pacific airports garner highest score in passenger satisfaction

Feb. 15 | Overall global passenger satisfaction with airport service quality increased during 2018, with Asia-Pacific airports enjoying the highest score and the largest increase from the previous year, according to the latest findings of the Airports Council International...

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)...

IMO asked to take measures to address sulfur cap implementation issues

IMO asked to take measures to address sulfur cap implementation issues

Feb. 13 | With the January 1, 2020 deadline for the sulfur cap approaching, the United Nations International Maritime Organization (IMO) should take measures to address expected implementation problems, says International Chamber of Shipping (ICS) chairman Esben...

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...

PH fuel marking program launched, to raise P27B in BOC revenue

PH fuel marking program launched, to raise P27B in BOC revenue

Feb. 9 | The Bureau of Customs (BOC) projects additional revenues of P27 billion this year as it officially launched its fuel marking program, which starts nationwide implementation in March. Customs Commissioner Rey Leonardo Guerrero, Bureau of Internal Revenue...

Air freight loses momentum in late 2018, passenger growth still healthy

Air freight loses momentum in late 2018, passenger growth still healthy

Feb. 9 | Following strong 2017 results, global air freight markets posted moderate growth in 2018 amid heightened uncertainties, while passenger markets enjoyed healthy growth although not quite matching the pace of 2017, according to the International Air Transport...

ATI plans to open off-dock yards, empty container depots

ATI plans to open off-dock yards, empty container depots

Feb. 8 | Manila South Harbor, the flagship terminal of Asian Terminals Inc. Photo courtesy of ATI. Asian Terminals Inc. (ATI) will have additional capacity for empty containers by mid-year, helping to address current difficulties in logistics faced by stakeholders....

Thailand’s new ‘e-visa on arrival’ service starts Feb 14

Thailand’s new ‘e-visa on arrival’ service starts Feb 14

Feb. 6 | The Bureau of Immigration of Thailand will launch a new e-visa on arrival (eVoA) system on February 14 for foreign tourists from 21 countries to help support the tourism industry of the country. With the new eVOA service, developed by the bureau with...
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