Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services
Container carriers serving Indian trades are seeing no let up in the erosion of export freight rates amid a slowdown in cargo volumes, according to the latest market analysis by Container News.
On the westbound India-Europe trade, average contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam (the
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