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Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Photo: APMT Pipavav
Indian exporters and importers face a major escalation in logistics costs after it was announced that from 1 October the traditional “busy season surcharge” would now include containerised railfreight.
Traditionally, container railfreight has been exempt from October-to-June peak season surcharges, industry sources told The Loadstar, and the sudden and unprecedented introduction of the new tariff was a shock to the sector.
The 10% surcharge will run until further notice, said Indian Railways (IR).
Any price revisions implemented by IR inevitably trickle down to ...
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