The Kompas Daily-October 22, 2008
Soejanto, chairman of Joint Indonesian Expedition and Forwarder (Gafeksi) Central Java chapter, told 40 cargo companies operating in this industry had terminated their operation. It came about due to drop in export-import transaction that was more than 50%. Soejanto further explained that many contracts that had already been acceded were cancelled or postponed, mostly from USA and a number of European Countries.
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