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FREIGHT DISCOUNT * Philippines - North Harbor truckers reduce rates as fuel prices decline
North Harbor,Philippines -The Business Mirror -11 January 2009: -- A group of truckers serving the Mani-la North Harbor, the country’s biggest domestic port, has reduced their rates, its third in less than two months, as gas prices continue to plummet... Integrated North Harbor Trucking Association has reduced its trucking rates by about 4 percent after prices of diesel has decreased significantly since late last month... The said cut in prices, which may also translate to lower shipping cost, was made after truckers earlier set an agreement with the Philippine Liner Shipping Association (PLSA) that provides for an automatic rate adjustment scheme in a move to do away with lengthy discussions on the adjustment of rates...
Labels: freight rates
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