Freight rates eases as transport operators pass on excise duty cut on fuel: Crisil
NEW DELHI : Freight rates across the country eased in June after transport operators passed on the benefits of excise duty cut on fuel even though various sectors
Freight rates drop for Indian shippers, but fresh hikes loom amid schedule disruptions
MUMBAI : Average container freight rates for trades out of India have significantly tapered off this month, versus the levels maintained by major carriers in May, according to
Xeneta customers say: Lifting of Shanghai Lockdowns will increase Freight Rates
With volatile freight rates at elevated levels and unstable supply chains, the shipping industry will continue to witness skyrocketing spend and budgeting challenges. To make sense of the
Shipping costs ease but MSME exporters still face difficulties
NEW DELHI : Global freight rates have dropped 20% since the Ukraine war started on February 24, in signs that a supply-chain disruption is easing, although the rates
Freight rates decline in May as transporters passed on benefit of lower diesel prices: Report
NEW DELHI : Freight rates have come down in May as transporters passed on the benefit of the lower diesel prices due to a cut in excise duty,
150% jump in long-term container freight rates
According to Xeneta’s Shipping Index (XSI), long term contracted ocean freight rates jumped by 30.1% in May, the highest ever monthly increase. Price hikes in 2022 have reached
Indian shippers get a break from rate hikes on major trades
NEW DELHI : The trend of container freight rates stabilising or softening on larger trade routes out of India that became somewhat evident in April has continued into
ZIM, the blockbuster container shipping results collide with sinking sentiment
HAIFA : Zim, the world’s tenth largest container shipping line, posted the best quarterly results in its history recently. It hiked its full-year guidance and now predicts 2022
India on the front foot amidst global shipping disruption but dip in freight rates “temporary”
MUMBAI : April ended with a cheer among the Indian shippers as prices of shipping containers across major ports of Nhava Sheva (Mumbai), Chennai and Mundra (Gujarat). Newspersons
Freight rate analysis for Indian shippers reflects easing signs on some trades
MUMBAI : An analysis of container freight rates on trades out of India in recent weeks suggests a market correction on the horizon, at least on some routes,
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