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