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BYD Opens Rp11.6 Trillion Electric Vehicle Plant in SubangBYD has officially inaugurated its electric vehicle manufactur...
07/09/2026

BYD Opens Rp11.6 Trillion Electric Vehicle Plant in Subang

BYD has officially inaugurated its electric vehicle manufacturing plant at the Subang Smartpolitan Industrial Park in West Java. Built on 126 hectares with an investment of Rp11.6 trillion, the facility has an annual production capacity of up to 150,000 vehicles and currently employs around 5,000 local workers, with employment potentially exceeding 20,000 at full capacity.

The plant is equipped for stamping, welding, painting, and assembly, marking a major step in BYD’s commitment to manufacturing in Indonesia. The first model produced locally is the BYD M6 DM, which has a domestic component level (TKDN) of more than 40%.

The Indonesian government hopes BYD’s investment will expand beyond vehicle manufacturing into a broader electric vehicle ecosystem, including greater development of local components and supporting industries.

*Sources:*
[CNN Indonesia — Pabrik BYD di Subang Beroperasi](https://www.cnnindonesia.com/otomotif/20260903114413-603-1399531/pabrik-byd-senilai-rp11-triliun-di-subang-akhirnya-diresmikan)

Indonesia Posts USD 3.7 Billion Trade SurplusIndonesia recorded a US$3.7 billion trade surplus during January–July 2026,...
03/09/2026

Indonesia Posts USD 3.7 Billion Trade Surplus

Indonesia recorded a US$3.7 billion trade surplus during January–July 2026, supported by a US$22.45 billion non-oil and gas surplus that offset an US$18.75 billion oil and gas deficit. In July alone, the trade surplus stood at US$120 million, with total exports reaching US$26.22 billion, up 2.98% month-on-month and 6.05% year-on-year.

The United States was Indonesia’s largest source of non-oil and gas trade surplus at US$12.81 billion, followed by India, the Philippines, Malaysia, and Vietnam. In contrast, China remained the largest source of deficit, reaching US$17.67 billion, while Australia recorded the second-largest deficit at US$4.41 billion.

Manufacturing remained the main driver of Indonesia’s exports, accounting for 82.18% of total exports in January–July and growing 7.16%. Meanwhile, imports rose 19.94% year-on-year to US$163.33 billion, with raw materials and capital goods making up 91.33% of imports, suggesting that much of the increase is supporting domestic production and investment.

Sources:
[Kontan.co.id — Surplus Dagang Indonesia Capai US$ 3,7 Miliar, China Jadi Sumber Defisit Terbesar](https://industri.kontan.co.id/news/surplus-dagang-indonesia-capai-us-37-miliar-china-jadi-sumber-defisit-terbesar)

Indonesia’s Tire Industry Expands Global Reach Across 70 CountriesIndonesia’s automotive component and tire manufacturin...
01/09/2026

Indonesia’s Tire Industry Expands Global Reach Across 70 Countries

Indonesia’s automotive component and tire manufacturing sector continues to strengthen its global presence, with PT Bridgestone Tire Indonesia maintaining exports to more than 70 countries. The broad export network highlights Indonesia’s growing role in the international automotive supply chain.

Despite strong overseas demand, the industry continues to face challenges related to the availability of locally sourced natural rubber and increasingly strict sustainability regulations in the European Union. Requirements such as the EU Deforestation Regulation (EUDR) are increasing the importance of traceable and sustainable supply chains.

To address these challenges, Bridgestone Indonesia is improving sourcing efficiency and aligning its production standards with international sustainability requirements. These efforts are expected to support long-term export competitiveness and help maintain access to key global markets.

The company’s continued export activity demonstrates the resilience and international reach of Indonesia’s tire manufacturing industry. Strong production capabilities and expanding compliance strategies are helping Indonesian manufacturers respond to changing market and regulatory conditions.

As global demand for sustainable automotive products grows, Indonesia’s tire sector has opportunities to strengthen its position as a major automotive component and tire export hub in Southeast Asia while supporting broader growth across international trade and logistics networks.

*BYD’s overseas revenue surpassed its China revenue for the first time*BYD’s overseas revenue surpassed its China revenu...
31/08/2026

*BYD’s overseas revenue surpassed its China revenue for the first time*

BYD’s overseas revenue surpassed its China revenue for the first time, highlighting how increasingly difficult the domestic market has become for Chinese automakers. Overseas sales rose 34% in the first half of 2026 to 181.3 billion yuan (USD 27 billion), accounting for 53% of BYD’s total, while revenue in Greater China fell 31%.

The shift abroad is helping BYD recover financially. Its second-quarter net income increased 30% to 8.2 billion yuan, as Chinese automakers benefit from higher prices and wider margins in overseas markets; China’s passenger-vehicle sales, meanwhile, fell 21% in July as prolonged price competition continued.

But expansion overseas comes with growing trade and regulatory risks. Chinese EVs face tariffs in several markets, while the EU is considering additional duties on Chinese hybrids, pushing BYD to manufacture closer to key markets such as Europe and South America.

https://www.businesstimes.com.sg/companies-markets/byd-profit-rises-first-time-5-quarters-overseas-growth-pointing-way-out-china-car-slump

Reported cargo theft rises 5% in Q2 as Southern California remains a hot spotReported cargo theft in the United States r...
29/08/2026

Reported cargo theft rises 5% in Q2 as Southern California remains a hot spot

Reported cargo theft in the United States rose 5% quarter over quarter to 605 loads in Q2 2026, according to an Overhaul report cited by FreightWaves. California accounted for 34% of reported incidents, followed by Texas at 18%, while electronics were the most targeted commodity, representing 23% of all cases.

Pilferage was the most common type of theft, accounting for 46% of incidents, followed by full truckload theft at 21% and facility theft at 16%. Warehouses and distribution centers were the most frequently identified locations, accounting for 37% of cases, followed by truck stops and fuel stations at 15% and rail locations at 11%.

Southern California remained a major cargo-theft hotspot, with the area within 200 miles of Torrance accounting for 37% of recorded U.S. thefts over the past year. The region averaged 81 incidents per month, up 28% from the previous period, while deceptive pickups increased from 24% to 28%, highlighting the need for shippers, brokers and carriers to carefully verify shipment and carrier details before releasing cargo.

https://www.freightwaves.com/news/reported-cargo-theft-rises-5-in-q2-as-southern-california-remains-a-hot-spot

China Industrial Profit Growth Slows as Economic Momentum WeakensChina’s industrial profits rose 11.2% year-on-year in J...
28/08/2026

China Industrial Profit Growth Slows as Economic Momentum Weakens

China’s industrial profits rose 11.2% year-on-year in July, the slowest growth rate this year, signaling that manufacturers are facing weaker domestic demand and a broader economic slowdown. For the first seven months, industrial profits still increased 17.6%, although that was down from 18.7% growth in the first half.

The recovery has been driven largely by advanced manufacturing and the global AI boom. Integrated circuit manufacturers saw profits rise 18.5%, while raw-material producers posted a 55.2% increase. However, traditional consumer industries remain under pressure, with furniture manufacturers suffering a 58.2% profit decline in the January-July period.

Economists expect Beijing to introduce more targeted support to stabilize corporate profits, but a strong economic rebound remains unlikely. Weak property investment, subdued household confidence, falling private investment and fierce price competition continue to weigh on the world's second-largest economy.

https://www.cnbc.com/2026/08/27/china-industrial-profits-july-factory-production-.html

Geopolitical Disruption Reshapes Global Container Port RankingsGlobal container port rankings were significantly reshape...
27/08/2026

Geopolitical Disruption Reshapes Global Container Port Rankings

Global container port rankings were significantly reshaped in the first half of 2026 as geopolitical tensions disrupted established trade routes. According to Alphaliner data cited by Global Maritime Hub, renewed disruption in the Strait of Hormuz caused major changes in container flows as carriers adjusted networks and shippers responded to US tariff policies.

Dubai’s Jebel Ali suffered the most dramatic impact, with container volumes plunging more than 90% in Q2 to just 374,000 TEU. Combined with a 23% decline in Q1, the port handled only 3.14 million TEU in H1, down from 7.77 million TEU a year earlier, causing it to fall from 10th to 32nd place globally.

Abu Dhabi’s Khalifa Seaport also experienced a major contraction, with volumes estimated to have fallen by at least 50%. The sharp declines highlight how geopolitical disruptions can rapidly reshape global container flows, while Asian ports continue to strengthen their positions as alternative hubs.

Source: [Global Maritime Hub](https://globalmaritimehub.com/geopolitical-disruption-reshapes-global-container-port-rankings)

Sefas Group to Acquire 100% of Shell’s Fuel Station Business in IndonesiaSefas Group has agreed to acquire 100% of Shell...
21/08/2026

Sefas Group to Acquire 100% of Shell’s Fuel Station Business in Indonesia

Sefas Group has agreed to acquire 100% of Shell’s Indonesian fuel station business, with completion expected later this year subject to regulatory approval. The transaction covers Shell’s roughly 200-station network, while the Shell brand is expected to remain through a licensing arrangement.

The acquisition marks another step in Shell’s broader strategy to exit Indonesia’s retail fuel market and focus on higher-return businesses such as lubricants and lower-carbon energy. Sefas, a long-standing Shell lubricant distributor founded in 1997, plans to maintain the existing network while developing it under local ownership.

The deal highlights the growing challenges facing private fuel retailers in Indonesia, including restrictions on fuel imports, dependence on domestic supplies from Pertamina, and strong competition from subsidized fuels. For Sefas, however, the acquisition provides an opportunity to expand from its established lubricant distribution business into the country’s retail energy market.

Sources:
[Jakarta Globe – Sefas Group to Acquire 100% of Shell’s Fuel Station Business in Indonesia](https://jakartaglobe.id/business/sefas-group-to-acquire-100-of-shells-fuel-station-business-in-indonesia?utm_source=chatgpt.com)

Why Airbus Is Building A350s Faster Than Airlines Can Actually Take ThemAirbus is accelerating A350 production toward a ...
21/08/2026

Why Airbus Is Building A350s Faster Than Airlines Can Actually Take Them

Airbus is accelerating A350 production toward a target of 12 aircraft per month by 2028, but deliveries are currently far below that pace. The manufacturer delivered 26 A350s in the first half of 2026, with the gap reflecting complex supply-chain constraints and delays in preparing aircraft for customer handover. Airbus is dealing with challenges across aerostructure production, composite manufacturing and cabin installation rather than simply a lack of final-assembly capacity.

The integration of facilities previously associated with Spirit AeroSystems has added complexity to the A350 supply chain, particularly for carbon-fiber structures. Cabin outfitting is another major bottleneck because each airline requires highly customized interiors, including seats, lighting, galleys and other equipment. An aircraft can therefore be structurally complete but still unable to enter service while waiting for components, installation work or certification.

For airlines, delayed A350 deliveries can force them to keep older, less fuel-efficient aircraft flying longer or lease temporary capacity, affecting fleet planning and route expansion. Airbus therefore faces a difficult balancing act as it pushes toward its 2028 production target: increasing output could help reduce the A350 backlog, but if suppliers, composite facilities and cabin completion centers cannot keep pace, Airbus could create a larger pool of unfinished aircraft rather than simply delivering more jets.

Sources: [Simple Flying — Why Airbus Is Building A350s Faster Than Airlines Can Actually Take Them](https://simpleflying.com/airbus-a350-production-deliveries/?utm_source=chatgpt.com)

Maersk tears up fleet ceilingMaersk appears to be abandoning its long-standing strategy of keeping its containership fle...
21/08/2026

Maersk tears up fleet ceiling

Maersk appears to be abandoning its long-standing strategy of keeping its containership fleet within a 4m–4.4m TEU range. Its operated fleet has already surpassed 4.7m TEU, while rivals such as CMA CGM continue to expand more aggressively. Following its second-quarter results, CEO Vincent Clerc indicated that Maersk needs enough capacity to support future growth.

Analysts believe Maersk may now increase fleet investment, although opinions differ on the scale. Drewry expects the carrier to focus on replacing ageing vessels and adding ships for growing intra-regional trades, while Linerlytica argues that years of restrained ordering have left Maersk short of capacity. Maersk currently has 46 vessels of 15,000 TEU or larger on order, but only seven vessels of 6,000 TEU or smaller.

The timing could prove critical. Newbuilding prices are high, and the global containership orderbook is already at record levels, raising concerns about overcapacity in 2027–2029. Some analysts believe Maersk could instead continue aggressively chartering ships or wait for the next downturn to acquire vessels more cheaply. A potential order for large LNG dual-fuel ships later this year could signal the beginning of a broader fleet-renewal programme.

Sources: [Splash247 — Maersk tears up fleet ceiling](https://splash247.com/maersk-tears-up-fleet-ceiling)

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