Indian forwarders brace for major peak season rate hike and PSS surge
Indian exporters and freight brokers, now savouring a temporary slide in sky-high rate levels, are ...
Container trailer operators serving India’s southern Chennai region have called off their four-day strike, allowing resumption of landside cargo flows.
The disruption in the ports of Chennai, Ennore (Kamarajar) and Kattupalli, which handle the majority of containerised trade in and out of the region, ended yesterday evening, after container freight station (CFS) stakeholders agreed to revise haulage rates.
Trailer owners had demanded an 80% increase in the rate scale, but softened their stance during marathon negotiations with CFS leaders and other stakeholders.
Sources ...
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