New Delhi: US President Donald Trump’s mutual tariff policy can drive a lot Freight rates For Indian exporterFuel Global trade environment,
Industry experts said that with a 90-day tariff stagnation on imports from India, the rate of goods could see an initial double-digit spike as exporters have run to book consignment. This growth can reflect global trends, to add the cost burden of India ink, where the freight rate increased by 3% to 40-feet container (according to the World Container Index) of Drui to $ 2,265 last week.
On 9 April, Trump announced a 90-day stagnation on mutual tariffs, reduced them by 10% for many countries including India, but except China. DG and CEO of Federation of Indian Export Organization Ajay Sahai told TOI, “The crowd is expected to have double-digit spikes in goods rates in the US to ship the exporters consignment before the 90-day deadline. Post-edls, rates may be soft.”
For now, the industry is in a waiting-and-dagger mode. Christian Roaeloffs, Co-Founder and CEO of container xchenge, one online Container logistics For container trading, leasing and management, the platform said: “Prices are still rising, both in specific loading as well as in discharging places. In essentially, essential, uncertainty and canceled shipments are soaking the container inventory.
Industry experts mentioned that the domestic container logistics sector stands at a significant turn, struggling with global trade disruption and volatility, causing stakeholders uncertain about operating stability. In addition, India depends a lot on leasing of containers from foreign players, especially China. The recent push for the construction of a domestic ship -supported domestic ship -supported by the Rs 25,000 crore maritime development fund may change it, but the industry experts take care that true self -sufficiency will take years.
The volatility and complexity of the shifting policy landscape at the forefront leads global logistics, which highlights the importance of tight and strong supply chains between trading tensions. “This is the crunch time for transport and logistics companies, and we are fully ready for work. We have often faced challenging situations where the supply chains of the companies were kept for testing – and we are well equipped to give solutions. We have seen the first to see an integrated logistic portfolio and our own property to control our own property.
