Ph cargo volume still on the uptrend but on a slower pace for Q1
MANILA, MAY 9, 2017—Philippine cargo volume sustained its growth but on a slower pace for the first quarter of 2017 due to the significant drop in the export volume.
The critical developments clouting the mining industry has also affected the industry’s shipments in several ports nationwide.
Latest data from the Philippine Ports Authority (PPA) showed that cargo volume for the first quarter of the year totaled 54.298 million metric tons (mmt) or about 4.15% higher than the 52.133 mmt handled in the same period last year.