Philippine ports, and the way they are managed, have significantly improved based on the 2023 report of the World Bank that includes the speed of the movement of containers as one of the key performance indicators. | ManilaBulletin
Philippine ports, and the way they are managed, have significantly improved based on the 2023 report of the World Bank that includes the speed of the movement of containers as one of the key performance indicators.based on the 2023 World Bank Logistics Performance Index which covers 139 countries around the world—the country’s highest ranking so far.
One of them is through the logistics performance index which focuses on a network of services that support the physical movement of goods, trade across borders, and commerce within borders. It comprises transportation, warehousing, brokerage, express delivery, terminal operations, and related data and information management.
“One important objective should be to better predict when goods will arrive at their destination, as with supply chain visibility tools that facilitate traceability,” the report read. In the case of the Philippines, there was already an existing intervention through the Trusted Operator Program Container Registry Monitoring System .
The push for TOP-CRMS appeared to have been vindicated in the 2023 World Bank report which mentioned digitalization as one of the factors contributing to the growth of the emerging economies which is said to cut port delays by 17 percent. “Digitalization is our priority right now within the PPA to prevent the usual issues that people deal with in transacting at the ports. When it’s all done and everything is digital and online, we can reduce their waiting time and there would be no unwarranted challenges in their transactions. This is a big step in helping our economy rise from the pandemic,” he added.
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