Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30%
NEW DELHI : Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing in international trade, a report by credit ratings agency Ind-Ra
World trade data shows early signs of ‘reglobalisation’ across countries
NEW YORK : The global trading system is undergoing tectonic shifts that will reorient international supply chains for decades to come. Blame two main forces. Companies spooked by pandemic shortages, price spikes and shipping
Pandemic, supply chain, and more — how quickly is the shipping industry rebounding after global difficulties?
COVID-19 took the world to a near standstill, slowing down major sectors, including the transportation sector. According to a report by Statistica, the global airline industry lost an estimated revenue of $370 billion in
