Shipping lines accused of cartel behaviour as container freight rates from India soar

Profile picture for user Elsewhere
Submitted by Elsewhere on 2020-Oct-23 Fri 13:25
1906
500Foods shared this story from FP.com.

As shipping lines have increased freight rates by 50 – 60% since March for almost all trade lanes out of India, they are now being accused of forming a cartel by shippers. An added problem is the a major container shortage has been evident across the country, especially when multiple boxes are required…

Related News From Elsewhere

Containers
1 year
Containers
1 year
Cold Chain
1 year
Crime
1 year
Containers
1 year
Containers
1 year
Crime
1 year
Containers
1 year
Sensors
1 year
Shipping
1 year
Containers
1 year
Containers
1 year
Containers
1 year
Distribution
1 year
Shipping
1 year
Shipping
1 year
Shipping
1 year
Shipping
1 year
Reefers
1 year
Containers
1 year