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CONTAINER XCHANGE
A Mumbai firm finds a way to reduce container turnaround time from 34 days to 2 daysBacked by Zerodha founders, MatchLog Solutions has found an answer to an issue that has haunted transporters for years.
View: March madness is coming for the global shipping gameIn the low season, global logistics industry negotiates long-term contracts. Game theory is involved. War, pandemics, and financial crises ...
Red Sea crisis: Over 700% rise in freight rates give exporters a sinking feelingSupply chain woes mount for traders as the Houthi attacks increase freight rates, insurance costs and travel time.
Shipping costs soar in wake of Red Sea attacksMarine war risk premiums have soared around fiftyfold since before the war, to as high as 1% of the value of the ship, although about 0.7% ...
Panama Canal drought is a headache for global trade at ChristmasAfter the drought made the canal shallower, ships now have to lighten their loads. The result is fewer containers making the crossing per d...
Backlog at Israeli ports grows as country steps up shipping suppliesThe backlog of ships at Israeli ports is increasing due to the ongoing conflict with Hamas in the Gaza Strip. Ashkelon port has been closed...
China is selling so much to Russia that containers are piling upThe exports from China to Russia rose 73%, reaching nearly $62.54 billion, while imports from Russia surged 15%, to $71.6 billion, the data...
The $40-billion question: Should India manufacture containers?When the pandemic choked the supply chain, India immediately started considering making containers. Today, the boxes are in surplus and glo...
Containers pile up at ports as imports riseAccording to the data, there is now an over-supply of containers at the Indian ports, a situation starkly different from around the Covid y...
Is the global supply chain crisis over? NY Fed says yes, stakeholders in India remain scepticalA recent announcement by the Federal Reserve Bank of New York claims global supply chains are returning to normal levels. However, several ...
US reshoring of supply chain to be limited by costs, studies sayA survey of over 2,600 industry professionals by logistics services platform Container xChange said that 88% believe that inflation and rec...
Giant container ships dominate global trade lanes, but skip Indian portsMega ships are going to play a more substantial trade in the global economy. It is time India steps up its investment and infrastructure de...
Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5India’s ports have multiple trade barriers, the trading community says. These are making businesses and goods uncompetitive in the global m...
Indian trade logistics gains amid Lanka crisisSri Lanka's financial crisis has already begun to benefit India's ports, with Mundra for the first time this year becoming the most expensi...
Global container flows struggle to pick up speed, data showsA survey conducted in January by technology company Container xChange, which canvassed 500 freight industry respondents, found 66% of those...
Various platforms help teachers in giving online lessons, interacting with studentsUniversities and schools in the country were closed on March 16 to contain the outbreak of the novel coronavirus disease. A nationwide lock...
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