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Freight Costs, Container shortages threaten India’s exports: GTRI

September 16, 2024 Container, Export - Import, Logistics, Shipping Line, Trade, Trending News
NEW DELHI : Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports, think tank GTRI said on Sunday. To address these

Shipping Logjam is forcing major companies to rethink their Manufacturing Hubs in Asia

November 16, 2021 Shipping, Trending News
NEW YORK : Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta variant of the coronavirus in Vietnam

Toymakers in US race to get products on shelves amid supply clogs

October 11, 2021 International Shipping, Trending News
NEW YORK : Running out of time to get its products on store shelves ahead of the holidays, the Basic Fun toy company made an unprecedented decision: It’s leaving one-third of its iconic Tonka

Maersk ‘repositioned’ 2.15 lakh empty containers in the first 8 months of 2021

October 7, 2021 Shipping Line, Trending News
MUMBAI : With India’s exports showing strong momentum since the start of the year, the world’s largest shipping line, Maersk, repositioned as many as 2.15 lakh empty containers — moved empty boxes from a

India’s exporters continue to reel under container shortage, despite additional measures

October 7, 2021 EXPORT, Trending News
MUMBAI : Despite additional measures taken by the world’s shipping lines to help India’s economic recovery, container shortage continues to haunt exporters. Though not as much as it would have in the absence of

Container shortage hits exporters as box prices soaring

September 17, 2021 Export - Import, Trending News
Hamburg-based Container xChange says that the continued surge in container prices and growing imbalance of container availability in India is negatively impacting and leading to supply chain slowdown, a problem which will continue to grow

Explained : Why there is a major container shortage, and its impact on international trade

September 13, 2021 Container, Trending News
Reduction in the number of shipping vessels operating as a result of the Covid-19 pandemic has led to fewer empty containers being picked up, leaving many containers in inland depots and stuck at ports

Ministers to meet Industry on high freight rates, container shortage

September 6, 2021 Trade, Trending News
NEW DELHI : Commerce and Industry Minister Piyush Goyal, Railway Minister Ashwini Vaishnaw, and Minister for Ports, Shipping and Waterways Sarbananda Sonowal will meet industry representatives on Thursday to discuss issues related to export logistics amid

Solution for shipping containers crunch within a week, assures Commerce Secretary Subrahmanyam

September 3, 2021 Container, Trending News
NEW DELHI : Commerce Secretary Mr. BVR Subrahmanyam on Thursday assured that the Central  Government will come up with a solution to the ongoing shipping container crunch within a week and said the government

While India’s exports are doing well, container shortage is cause of concern, says FIEO

August 31, 2021 EXPORT, Trending News
Shortage of shipping containers triggered by massive congestion at Chinese ports is beginning to give Indian exporters nightmares. Ajay Sahai of FIEO said the government needs to ensure that not many empty containers are
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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