Freight Price Increases in El Salvador
The Freight Business Association announced adjustments of 38% and 100% in freight rates.
Thursday, October 21, 2010
For distances less than 500 km the increase is 38% ($ 1.45 per km). For distances over 1,000 kilometers up to 100% (the current rate in Panama is $ 1 per km).
Most shipping companies have agreed to pay carriers between $1.26 and $1.29 per kilometre as a re-adjustment.
The Salvadoran Association of Cargo Transportation Companies announced they will increase fees by 20%.
Central American cargo companies want Nicaragua to stop charging a 20% toll over the price of each transportation service.
The Salvadoran Association of International Cargo Transport has announced that from next week there will be an adjustment in freight prices.
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