DTI pushes adoption of new road freight transport standards by truckers, forwarders

Nov. 17 | The Department of Trade and Industry (DTI) Competitiveness Bureau (CB) is encouraging truckers to adopt best global practices and standards in their operations as a way to help improve the Philippine logistics sector’s competitiveness. Adopting best...

LBC Express Jan-Sept income drops 60% despite revenue hike

Nov. 17 | LBC Express Holdings, Inc. (LBC) reported service revenues of P11.57 billion for the first nine months of 2019, a 27% increase from P9.11 billion for the same period in 2018, even as its income declined 60% year-on-year. Revenues from both the logistics...

Fall in shipping revenue drives 2GO loss in first 3 quarters

Nov. 13 | Image by Gerd Altmann from Pixabay 2GO Group, Inc. incurred a net loss of P758 million in the first nine months of 2019, higher than the P707 million loss for the same period last year as shipping revenues declined and cost of services increased. Revenues...

FedEx to expand Clark operations but keep Aspac hub in China

Nov. 7 | Photo from www.fedex.com Global logistics operator Federal Express Corp. (FedEx) said it will expand its operations to Clark in Pampanga but clarified it has no plans of transferring its Asia-Pacific hub from China to the Philippines. “FedEx is not...

LBC buys Japanese balikbayan box shipping company

Nov. 5 | Logistics and remittance service provider LBC Express Holdings, Inc. has acquired 100% of shares in Japanese balikbayan box shipping operator Mermaid Co., Ltd. for US$200,000. LBC Express purchased all the shares of Tsukasa Takahashi, Mediatrix Takahashi,...

Heighten Efficiency and Visibility Using Technology

Oct. 26 | Amit Maheshwari, Softlink Global CEO It is important to acknowledge that innovations in technology is setting new standards in the logistics industry. However much opportunity is lost if logistics companies do not make technology work for them. When used...

Regulating foreign carriers’ charges among PCCI’s transport wish list

Oct. 23 | Image by Gerd Altmann from Pixabay The Philippine Chamber of Commerce and Industry (PCCI) is supporting moves to regulate local charges imposed by international shipping lines operating in the Philippines. As part of resolutions adopted during the 45th...

A Reality Check for Your Technology Competency

Sep. 28 | Amit Maheshwari, Softlink Global CEO As competition becomes fiercer in the logistics industry, companies need to take a reality check of their technology competency. Technology competency here means the capacity of a company to manage and take advantage...

Shippers find need to improve technology use in supply chain

Sep. 21 | Most shippers are not making the most of the growing number of technology tools at their disposal in optimizing operations, according to the results of a survey by American Global Logistics (AGL). AGL, a customized logistics solutions provider, said that...

Report tackles implications of warehouse automation for supply chain

Sep. 2 | Warehouse automation is the innovation that could most significantly affect the transport, logistics and supply chain industry, according to new research from Transport Intelligence (Ti). “Although there are so many innovations which promise to transform...