PPA will not spare shippers from increasing costs

2009-1-5

Shippers using the roll-on/roll-off (RO-RO) nautical highway will not be spared from increasing cost after the Philippine Ports Authority (PPA) authorized a 15 percent rate increase, Thai News Service reported.

PPA said they made the order to level the playing field after they allowed last month all authorized cargo-handlers nationwide to implement a 15 percent rate-recovery adjustment.

They added that they include the RO-RO terminal operations in the increase to recover their losses the past couple of years since they are still using the 2003 prescribed rates.
Source: Cargonewsasia
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