Time-sensitive industries, led by semiconductors and electronics, welcomed the normalization of cargo operations at the Ninoy Aquino International Airport (NAIA), after congestion threatened production schedules, jobs, and revenues.
The Department of Transportation (DOTr) is accelerating the expansion and modernization of major airports nationwide, a policy drive designed to accommodate larger aircraft, raise passenger volumes, and bring down airfares for travelers and commuters.
The Subic Bay Metropolitan Authority is handing a key port payment function to private operator Subic Bay International Terminal Corp., aiming to make fee collection faster and less cumbersome for businesses using the Port of Subic.
International Container Terminal Services Inc. (ICTSI) announced Friday it will acquire 100 percent ownership of TLG Acquisition Holdings (RF) Proprietary Limited (TLG), a leading integrated port and cargo-handling services provider operating across Mozambique, Namibia, and South Africa.
Air passengers and cargo shippers will pay higher fuel surcharges starting September 1, pushing up total travel and shipping costs after the Civil Aeronautics Board (CAB) approved an increase to offset rising jet fuel prices.