Transport & Logistics
Toyota Philippines drives growth through electrified vehicles
Toyota Motor Philippines (TMP) remained resilient in the first quarter of 2026 despite softer vehicle demand and broader economic headwinds, with strong growth in electrified vehicles helping sustain its leadership in the local automotive market.
Cebu Pacific passenger traffic slips despite expanded flights
Budget carrier Cebu Pacific carried nearly 2.3 million passengers in April 2026, slightly down by 0.7 percent from a year earlier, as higher ticket prices dampened travel demand.
PITX fee suspension to save PUV operators over P5 million
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.
ICTSI boosts South Africa reade, supply chains
Philippine port operator International Container Terminal Services Inc. (ICTSI) is set to strengthen South Africa’s trade and logistics sector as it begins managing and developing the Durban Container Terminal Pier 2 (DCT2) under a 25-year partnership with state-owned Transnet.
Cebu Pacific swings to 1Q net loss on weak peso, higher fuel costs
Cebu Pacific reported a net loss of P400 million in the first quarter of 2025, reversing the P466 million profit it posted in the same period last year, as the airline was hit by a weaker peso and rising jet fuel prices.
