Cargo Transportation Fees Up 20% in El Salvador

The Salvadoran Association of Cargo Transportation Companies announced they will increase fees by 20%.

Friday, April 16, 2010

Nelson Vanegas, president of the Association (known as Asetca), explained the increase as a result of higher fuel prices. Asteca gathers over 60 of all cargo transportation companies in the country.

“Vanegas explained that the new rates must be negotiated, not imposed, to respect the free market principles which regulate this industry”, reported Elsalvador.com. “Acosetca, another cargo transportation union which has 1.948 members, also agreed to review prices”.



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Elsalvador.com reported that union president, Raul Alfaro, stated"...