Transporters Threaten to Raise Freight Rates by 20%

Transport companies are pushing the government to lower the price of diesel, their main raw material whose price has increased by 7% in the last two months.

Wednesday, February 29, 2012

In just the first two months of 2012, the price of a gallon of diesel has gone up 27 cents, an increase of 7%. The current price is $4.31 on average, and it is expected to rise again soon by another five cents, said Alfredo Calidonio, director of the Salvadoran Association of Cargo Transporters (Asetca).

"We want to revise rates because at current prices our industry actually becomes inoperative," said Calidonio to ElSalvador.com.

The union leader called for talks between all production sectors and the Government, urging the Ministry of Economy (Minec) to update its reference formula because it has not fulfilled the expectations of carriers in general.

Calidonio is asking for the government to temporarily remove from the reference formula some of the fees and taxes, such as Fovial, public transport subsidies (Cotrans), liquefied gas (Fefe) or VAT, depending on which of them is the most sensitive.



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Freight Rates Rise in Nicaragua

May 2012

Most shipping companies have agreed to pay carriers between $1.26 and $1.29 per kilometre as a re-adjustment.

After nearly a week of strikes, 10 of the 15 shipping companies operating in the country agreed to concede to the demands of freight carriers, and they will pay an adjustment per kilometre of between $1.26 and $1.29.

Freight Rates Up 30%

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The Salvadoran Association of International Cargo Transport has announced that from next week there will be an adjustment in freight prices.

Raul Alfaro, president of the Salvadoran Association of International Cargo Carriers (ASTIC), said that what carriers want is an adjustment of freight prices, which they have avoided for a long time despite increases in the price of diesel.

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 Transportation Fees Up 20% in El Salvador

April 2010

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

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.