'Under-pressure' Container xChange makes major staff cuts and switches focus
Tech start-ups in the logistics arena have had to navigate bumpy conditions, recently losing the ...
Credit: JNPT
Container lines trading on Indian markets have been working urgently to bolster empty equipment levels, but are now becoming concerned about the impact of sailing disruptions fuelled by fresh Covid lockdowns in China.Most empties returning to India have historically arrived on intra-Asia trade routes, with China-origin containers leading that play, but Indian executives at major carriers have begun to send out cautionary signals.
They warn that if the lockdown in Shenzhen (and, reportedly, many other provinces), in force until 20 ...
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