date:Oct 26, 2020
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 on a single booking. This problem in turn has been exacerbated by reduced Indian imports in recent months, and by delays in repositioning containers returning from the West, as also by congestion