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Exports hit badly as freight rates increase by 100% to 150% (04-01-2024)

Mumbai, 4 Jn 2024: Freight rates have increased by more than 100% to 150% inclusive of all surcharges in the past one week as shipping carriers have changed route via Cape of Good Hope around Africa to reach Europe and the US, badly impacting pharma exports.

Freight li......
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Source : Pharmabiz
Freight rates Cape of Good Hope pharma exports Suez Canal Peak Season Surcharge Indikos Forwarding FPME Red Sea Maersk MSC Hapag Lloyd CMA CGM Zim HMM

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