SKYLAND Brokerage is seeing slight improvements in business this year, if bills of lading (B/L) are to be used as a barometer of growth.

“So far things are getting brighter,” Skyland Brokerage president Dominador de Guzman told PortCalls.

As of May 15, the number of B/Ls handled by the company has reached 96, an improvement of 23.08% over the first 15 days in April.

The previous months have been a roller coaster ride, though. B/Ls in Jan-uary were up 13.71% over the target of 175. But in February, the number dropped 27.64% from January. Things looked up in March as B/Ls rose 25% but in April B/Ls were down again 15% from the previous month.

De Guzman said he is hoping the growth will continue, considering the company is already seeing improvements in trade, mostly in the sectors of manufacturing and electronics.

Still, De Guzman is concerned about the volatility in oil prices and the high prices of spare parts could restrain income. The truck ban also remains a problem, with the company eyeing new delivery routes.

Skyland Brokerage caters to nine of the top 17 companies in the country. De Guzman said quality service and constant communication of updated information to clients have helped it maintain a loyal customer base over the years.

You May Also Like

Lapeña officially designated customs commissioner

Isidro Lapeña formally took his oath of office on August 29 as commissioner of the controversy-plagued Philippine Bureau of Customs (BOC). Lapeña’s appointment paper…

New formula eyed for PH port rate adjustments

The Philippine Ports Authority (PPA) is proposing a simple and standard formula for computing port and cargo-handling rates in a bid to ease and…

Intra-ASEAN trade, investment remain vibrant—report

Trade and investment in the Association of Southeast Asian Nations (ASEAN) in 2016 were adversely affected by the relatively modest global growth environment, but…

Duterte’s Japan state visit yields $1.8B in private investments

TWELVE private business agreements worth US$1.8 billion were sealed during the recent three-day state visit of President Rodrigo Duterte to Japan. Presidential spokesperson Ernesto…