Transport & Logistics

The government is seeking to expand the P2-billion financing pool for a program helping public transport operators transition to electric vehicles (EVs), as demand grows among transport groups and delivery riders looking for cleaner and more cost-efficient mobility options.

The Maritime Industry Authority (MARINA) has launched the Lakbay Alalay ng Gobyerno Program (LAYAG), a fare subsidy initiative set to benefit around 10 million sea passengers nationwide. Introduced via MARINA Advisory No. 2026-20, this program responds to rising fuel costs caused by global energy shifts, aiming to lower commuter expenses while helping domestic shipping businesses stay operational.

Toyota Motor Philippines is gearing up to spotlight its “multi-pathway” mobility strategy at the 2026 Philippine International Motor Show (PIMS), underscoring the carmaker’s push to offer Filipinos a wider range of transportation solutions amid the industry’s shift toward electrification.

NLEX Corp. recorded an 8 percent rise in net income for the first quarter of 2026, reaching P3.84 billion from P3.55 billion in the same period last year. This growth reflects strong business performance, supported by higher vehicle traffic, newly implemented toll rate adjustments, and efficient cost management.

Vehicle sales by members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) sank to a 47-month low in April, signaling continued weakness in the Philippine auto market amid a surge in fuel prices following the conflict in the Middle East.