The highest sailing cancellation since the Covid-19 outbreak was in February, registering a spike of 105 cancellations across Trans-Pacific, Asia-Europe, and the Mediterranean trades.
Industry sources said that over 250,000 containers are stranded at Indian ports on account of the complete lockdown enforced to check the spread of Covid-19 pandemic
It is always desirable to file the bill of entry well before arrival of the vessel and get the assessment through
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging
Tanker freights see upside as falling oil prices come to rescue
Owing to pressure on profitability and the need for better and wider network, the port logistics industry has seen consolidation trends in the last one year
As part of entering the packaging business, Hindalco recently partnered with the Jute Corporation to make recyclable packaging material
The PepsiCo cargo will be the first container movement on inland waterways in the country