AFTER posting positive growth last year, cargo throughput in the first two months of the year nose dived 6.18% due to the sluggish performance of both foreign and local cargoes, which dropped 9.26% and 3.06% (see table), respectively.
The transfer of cargoes from Philippine Ports Authority (PPA)-operated port Cagayan de Oro port to nearby Mindanao Container Terminal also affected performance for the period in review.
In a report, the PPA said the sluggish showing reflects volatility in the national economy.

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