Tradelanes: Export boom in Indian sub-continent triggers rise in airfreight rates
Interest in charters and freighters is high from the sub-continent, where demand is “surging” according ...
By Sam Whelan
With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t honour” contracts.
According to the Federation of Indian Export Organisations (FIEO), there has been an “exorbitant” rise in rates since the Covid-crisis began.
“A 40ft container to ...
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