RoRo terminal fees should be removed, the Philippine Coastwise Shipping Association has urged the government, arguing that the charges add to freight costs for trucks.
RoRo terminal fees and freight costs
At the association’s general membership meeting in Cebu City, chairman Lucio Lim Jr. said the fees represent 5% to 10% of freight costs for a 10-wheeler truck. On some short-haul routes, the share can reach 15%, he said.
The association is seeking the removal of the charges; the request is not an announced government decision.
Expressway corridors proposed for study
The shipping group also wants the government to examine eight proposed expressway corridors connecting production centers, ports and markets. One is a 230-kilometer route between Bogo City and Santander in Cebu.
The corridors are proposals for study, rather than confirmed construction projects.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
Comments
Be respectful. No spam, impersonation or private credentials. Ordinary posts and comments appear immediately; suspicious links are held for review.
Please wait…