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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