Conrad, says it's necessary for container shippers to raise freightage
for overall transport price has slumped since the beginning of this year.
Taiwan's second-largest container shipper, Yangming posted NT$9.399 billion in after-tax losses in 2011 due to slumping freightage
on European-bound routes.
"The number of parking violations have definitely decreased in the last year as people are abiding to the rules and do not repeat their offences," said Abdul Rahman Al Mahmoud, Manager of Transport and Freightage
Department, Sharjah Municipality.
By next month, the Transport and Freightage
Department intends to open a new centre for residents to pay their parking fines.
The recently signed Economic Cooperation Framework Agreement (ECFA), coupled with its preferential tariff rate for auto parts, between Taiwan and China, said Wu, is reducing the cost gap, rendering Taiwan-made auto lamps shipped to China as affordable as those made in China by Taiwanese-invested makers, even including freightage
The container shippers however face difficulty to raise fuel oil surcharge due to over-capacity, instead to avoid underselling in freightage
to offset skyrocketing fuel oil expenditures.
An industry insider attributed the outstanding performance of domestic shipping firms to the continual raising of freightage
over the past several months amid the economic recovery.
(EVA) have notified forwarders of 10%-15% higher cargo freightage
for European routes to be effective August 23 and 25, respectively.
The outlook revision reflects TRC's view that recovering demand and freightage
will continue to improve Yang Ming's profitability and slightly enhance its capital structure and cash flow protection measure in 2010.