Member truckers of the Confederation of Truckers Association of the Philippines (CTAP) carried 10% more cargo for the first eight months of the year.
The figure, however, falls short of the 20% target volume for the period, according to CTAP president Ruperto Bayocot.
As a result, truckers are keeping a cautious eye on business growth for the near term, especially since container volumes remain volatile and the cost of fuel and spare parts continues to increase.
“In the first eight months of the year, imports of equipment and raw materials have swelled, enabling our members to post a 10% increase in cargo volume carried. However, we expect this situation to be short-lived. Despite the increase, the percentage is still way below our target volume growth of about 20% this year,” Bayocot told PortCalls.
“The direction of the new leadership at the Bureau of Customs (BOC) will also significantly impact our operations and we are hoping (we) will be better (off) than under the (Angelito) Alvarez regime.”
The BOC welcomed on Sept 19 its new commissioner, former Muntinlupa representative Ruffino Biazon.
