Asia-US Trans-Pacific Hits the Capacity! The shortage of containers has now hit the limit. An official report has been received stating the Asia-US trans-pacific trade is facing massive congestion due to the problem that has now taken a very challenging turn. This has...
For the past few months, the ports are facing complex problems or congestion which has been demonstrated by rising truck turn and containers causing more ships waiting at the berth. The days have become worse despite long working hours on the terminal. The near...
We realize that persistent port and rail ramp congestion, container chassis shortages, and excessive detention and demurrage fees from carriers, as well as upheaval among air cargo service providers, are causing significant harm to your import and export supply...
The container shortage problem is no secret and has been circling the market ever since the trading has begun after the Covid-19 lockdown has opened. The problem is not limited to the logistic industry but has also impacted manufacturing, retail business, and trading...
Been hearing rumours about a Containers shortage on the Asian ports lately? There have been several reports forwarded regarding a massive issue at Asian ports where carriers with premium trans-Pacific services are also lacking In assuring that the equipment will be...
India’s sudden export rise and less import have created the shortage for the containers. This container shortage is hurting exporters, who are trying to take advantage of economic recoveries in other countries. According to the industry experts, the waiting time...
The Govt. of India orders to extend the previously announced guidelines for Unlock 6.0. Ministry of Home Affairs (MHA) issued an order on 27th October 2020 to extend the guidelines for Re-opening, issued on 30th September, to remain in force up to 30th November 2020....
The government of India eased the policy to export Nitrile/NBR Gloves. It revised the HS code from “prohibited” to the “restricted” category. Indian govt. had banned their exports in June’20. With the new policy, exporters will be able to...
Customs clearance delays continue to weaken the Indian industry as they have extended from the earlier 15-20 days to 25-30 days, and in some cases, clearance is taking over a month, sources told. The industry and customs brokers are noticing the poor rollout of...
The pandemic has affected the health of the world population and has impacted the global economy in many ways. Here, we will talk about the export and import situation post lockdown in India. The world is currently facing a shortage of containers due to lockdowns and...
