BusinessWorld E-paper
May 23, 2022
SHIPPING COMPANIES in the Philippines are likely to raise freight fees even more to cushion the impact of rising fuel costs on their operations, analysts said.
“There is a limit to cutting cost. The lines will have no choice but to pass on the cost to the cargo owners,” Philippine Liner Shipping Association (PLSA) President Mark Matthew F. Parco told BusinessWorld in a phone message on May 19.
