Growing demand drives up China-India box rates, despite capacity boost
AI Summary
Container freight rates from China to India have increased recently due to strong demand from Indian importers despite an increase in shipping capacity. This surge reflects tightened vessel space availability in the region.
Container freight rates from China to India have substantially strengthened in the past few weeks, thanks to strong demand for vessel space by Indian importers, according to industry sources. The post Growing demand drives up China-India box rates, despite capacity boost appeared first on The Loadstar.