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Weak start to cargo peak season; passenger demand still growing amid headwinds

Weak start to cargo peak season; passenger demand still growing amid headwinds

Dec. 7 | Global air cargo’s peak season is off to a disappointing start, with demand down 3.5% in October 2019 year-on-year, the 12th consecutive month of year-on-year declines in freight volumes, according to the International Air Transport Association (IATA). Freight...

BOC bares rules on compulsory acquisition of undervalued imports

BOC bares rules on compulsory acquisition of undervalued imports

Dec. 7 | Image from Pixabay. The Bureau of Customs (BOC) has issued rules on the Philippine government’s right to acquire undervalued imported goods. Customs Administrative Order (CAO) No. 16-2019, signed by Finance Secretary Carlos Dominguez III on October...

BOC launches AEO program for 2020 implementation

BOC launches AEO program for 2020 implementation

Dec. 3 | The Bureau of Customs on Dec 2 launched the Philippine Authorized Economic Operator Program. At the launch and unveiling of the logo were (L to R): Asian Development Bank trade specialist Taro Sekiguchi, Customs commissioner Rey Leonardo Guerrero, Department...

PPA pilots digital accreditation of port service providers

PPA pilots digital accreditation of port service providers

Dec. 3 | Image by Dominic Alberts from Pixabay The Philippine Ports Authority (PPA) is pilot-testing the automated processing of the accreditation of port service providers at the port management offices (PMO) of National Capital Region (NCR) South and North,...

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Dec. 2 | In the first nine months of the year global container volumes rose 1% to 126.3 million TEUs, up just 1.3 million TEUs from the corresponding level in 2018 when growth was 3.8%, or an additional 4.6 million TEUs, as the effects of the trade war kick in,...

Air cargo volumes still on the decline

Air cargo volumes still on the decline

Nov. 30 | Worldwide air cargo volumes dropped 5.0% in October 2019 compared with the same month in 2018, but were 7% higher month-over-month, according to the latest market report from WorldACD. General cargo declined 8.2% in October year-on-year, while special...

Treaty tackling problem of unruly passengers set to come into force

Treaty tackling problem of unruly passengers set to come into force

Nov. 30 | The Montreal Protocol 2014 (MP14)—the agreement that enhances the capacity of states to curb the rising incidence of unruly behavior on board aircraft—will come into force on January 1, 2020. This follows the needed 22nd instrument of ratification...

Diverse emissions rules in cities sowing confusion among truckers

Diverse emissions rules in cities sowing confusion among truckers

Nov. 30 | Truck operators are navigating an increasingly complex and confusing regulatory environment as political momentum to address air pollution in cities gathers pace, says a new analysis from Transport Intelligence (Ti). The report observed: “Diesel emissions...

Chinese shipbuilders complete merger

Chinese shipbuilders complete merger

Nov. 29 | China has announced the completed merger of China Shipbuilding Industry Corporation (CSIC) and China State Shipbuilding Corporation Limited (CSSC) on November 26. The reorganized corporation, the new China State Shipbuilding Corporation, creates the world’s...

Air passenger market stabilizes, freight sector continues difficult run

Air passenger market stabilizes, freight sector continues difficult run

Nov. 27 | The effects of the economic slowdown and trade wars on the air passenger and freight markets, particularly those in Asia-Pacific, are apparent as 2019 draws nearer to a close, according to a new report from Airports Council International (ACI). The global...