India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
India and Pakistan have banned each other’s cargo from transiting their ocean gateways, following the ...
With the pressure on equipment capacity showing no sign of abating, freight forwarders are increasingly turning to “shipper-owned containers (SOCs)” to minimise the risk associated with port congestion and potential penalties, amid Covid-induced supply chain dysfunction.
A study by Container xChange, a digital platform for equipment management, has found that the level of the top 50 forwarders accepting SOC requests had risen sequentially from 6% in 2019 to 18 % in 2021, a three-fold change.
SOCs are the ...
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