Wider shipment visibility in ports could be the answer to congestion
Shipment details provided to two of the world’s three largest economies could be the answer ...
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with imports, piling up, following nearly a week of student protests that led to a highway blockade, curfew and internet restrictions.
And importers are facing huge demurrage charges for keeping containers at the port yards for more than four days – which they consider yet another blow after huge financial losses from factory closures and failures to ship goods on time.
According to a port official, importers can ...
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