Increase in freight anticipated in Panama

The Union of Non-Traditional Agro-exporters of Panama reported that the shipping firms are considering a new raise of 15% in the cost of freight.

Monday, August 4, 2008

Currently, freight to the United States is valued at $3,800 and for the European Union at $6,000.
Edwin Perez, president of Gantrap, indicated that this increase will be a hard hit, especially since basic products such as fertilizers were increased 16% in June and recently there was another increase of $20.

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Shipping Rates More Expensive

May 2012

The high price of bunker fuel is requiring carriers to update their tariffs, increasing the costs for exporting and importing, affecting international trade.

The cost of sending goods from, say, Costa Rica to the United States has risen significantly due to increased bunker fuel prices, the price of which was quoted at the beginning of the week at $600 a barrel.

Transporters Threaten Rate Hike

March 2012

In Nicaragua, the transport companies are warning of a 50% increase in charges caused by the continuing rise in fuel prices.

Freight transportation businesses operating in the country and in Central America are warning of a likely increase of 50% from the current rate, while inter-city transport operators want an increase of more than 35%.

Cargo prices lowered in El Salvador

August 2008

It was announced that the price of freight transport from El Salvador to any country in Central America have been reduced.

The new rates which came into effect yesterday are as follows: from El Salvador to Guatemala $672.50, the price was $710.00; to Tegucigalpa, Honduras $845.00, the price was $1,000 and to San Pedro Sula $982.50, down from $1,040.

Panama transporters hike container costs

June 2008

Container transporters in Panama's Atlantic ports are to raise their tariffs to offset higher fuel costs, Panama's Transport Coordinator announced.

Oscar Grenald, the organization's president, said that it would in future cost US$375 to move a 20-40 feet container between the coast and Panama City, a 50 percent increase. Transportation to and from the Colón Free Zone will cost 18 percent more.

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