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+ June 06, 2021 MORE exporters and shippers have joined calls for the government to step in and address the current maritime transport issues, including vessel capacity constraints and surging freight prices, which are leading to cargo delays and revenue setbacks.
After the processed food and fresh food exporters, garment and furniture exporters have taken their turn to express frustration and ask for help with the deteriorating container shipping situation in the Philippines.
Robert Young, Philippine Exporters Confederation Inc. (Philexport) trustee for the textile sector and president of the Foreign Buyers Association of the Philippines (Fobap), said the garment industry is incurring millions of dollars in losses due to the supply chain squeeze.
On worsening supply chain, logistics constraints
Exporters are seeking “very urgent” government assistance to cope with worsening supply chain and logistics constraints, including lack of vessel space, soaring freight rates and container shortage, resulting in shipment delays and huge losses.
PH exporters seek help as supply chain constraints cause growing delays, losses sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.