Transport & Logistics
UPS opening caps Clark’s first logistics investment wave
Clark's transformation into a regional logistics powerhouse hits another milestone in September as UPS opens its expanded hub, completing the first wave of global logistics and aviation investments lined up by the Bases Conversion and Development Authority (BCDA).
Cebu Pacific leases aircraft to Vietnam Airlines
Cebu Pacific, the budget carrier brand of the Gokongwei Group’s listed unit Cebu Air Inc., has signed a wet lease agreement with Vietnam Airlines as the Philippine carrier looks to generate more revenue from its growing fleet.
Toyota races biofuels toward cleaner Philippine mobility future
Toyota Motor Philippines (TMP) has turned the racetrack into a real-world testing ground for locally produced biofuels, demonstrating that cleaner fuels can deliver high performance while reducing the country's dependence on imported petroleum.
Marcos weighs transport aid as oil prices climb
President Ferdinand R. Marcos Jr. has ordered the Department of Transportation (DOTr) to study possible assistance for the transport sector and carefully review fare hike proposals as rising global oil prices threaten to push up commuting costs and fuel broader inflation.
LRT-2 launches digital fare payment trial
The Bangko Sentral ng Pilipinas, the Department of Transportation, the Light Rail Transit Authority, and RCBC has launched the LRT-2 digital fare payments proof-of-concept at Legarda Station, giving commuters faster and more convenient payment options.
