Philippine Standard time

Industry Structure and Competitiveness: Inter-island Freight Shipping Industry


The development of an efficient transportation system is crucial to the country's economic growth. Economical and reliable means of transportation must be made available to facilitate the movement of people, goods and services within and across the various regions of the country. There are various modes of transport available. However, for purposes of transporting goods within the Philippines, inter-island freight has grown significant to the economy. Freight is one of the most important structural supports of the economy, providing the backbone of trade. Not only has the archipelagic nature of the country made inter-island freight a key player in trade but has also made it the cheapest carrier in terms of tone-mile haulage.

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